plan of reorganization — USA Also known as plan. A comprehensive document prepared by a debtor or its creditors detailing how the debtor will continue to operate or liquidate, and how it plans to pay the claims of its creditors over a fixed period of time. The plan must… … Law dictionary
Plan for reorganization — A plan for reorganizing a firm during the Chapter 11 bankruptcy process. The New York Times Financial Glossary … Financial and business terms
plan for reorganization — A plan for reorganizing a firm during the Chapter 11 bankruptcy process. Bloomberg Financial Dictionary … Financial and business terms
plan — n 1: a diagram of an area of land (as a subdivision) filed in the registry of deeds see also plot plan 2: a detailed program; esp: one made under chapter 13 of the Bankruptcy Code that places future earnings under the control of a trustee,… … Law dictionary
reorganization — the resolving of a Chapter 11 bankruptcy by the emergence of the debtor as a viable business. Generally, the company agrees with creditors on a plan for payment of their claims (plan of reorganization) and emerges from Chapter 11 after the plan… … Glossary of Bankruptcy
Reorganization — Creating a plan to restructure a debtor s business and restore its financial health. The New York Times Financial Glossary * * * reorganization re‧or‧gan‧i‧za‧tion [riːˌɔːgənaɪˈzeɪʆn ǁ ˌɔːrgənə ] also reorganisation noun [countable, uncountable] … Financial and business terms
reorganization — Creation of a plan to restructure a debtor s business and restore its financial health. Bloomberg Financial Dictionary See also: reorg; corporate action * * * reorganization re‧or‧gan‧i‧za‧tion [riːˌɔːgənaɪˈzeɪʆn ǁ ˌɔːrgənə ] also reorganisation … Financial and business terms
reorganization — Act or process of organizing again or anew. People ex rel. Barrett v. Halsted Street State Bank, 295 IlLApp. 193, 14 N.E.2d 872, 876. General term describing corporate amalgamations or readjustments occurring, for example, when one corporation… … Black's law dictionary
reorganization — re·or·ga·ni·za·tion /ˌrē ˌȯr gə nə zā shən/ n 1: the act of reorganizing: the state of being reorganized 2 a: the rehabilitation of the finances of a business in accordance with a plan approved by a bankruptcy court under the provisions of… … Law dictionary
reorganization plan — n: a plan submitted for approval to a bankruptcy court by a corporation seeking to reorganize under chapter 11 of the Bankruptcy Code that sets out the proposed restructuring Merriam Webster’s Dictionary of Law. Merriam Webster. 1996.… … Law dictionary