Chapter 11

reorganization proceedings, generally for business entities. The debtor maintains control of the business in Chapter 11, unless the Court appoints a trustee (Glossary of Common Bankruptcy Terms)

A reorganization proceeding in which the debtor may continue in business or in possession of its property as a fiduciary (SA-Bankruptcy.com)

Chapter 11 is the reorganization chapter of the bankruptcy code in which a debtor seeks to rehabilitate and reorganize its financial structure. The goal of Chapter 11 is to propose a plan that is accepted by a vote of the creditors or is approved by the Judge despite rejection by the creditors.

also see plan, cramdown (Bernstein's Dictionary of Bankruptcy Terminology)

A reorganization bankruptcy, usually involving a corporation or partnership. (A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11.) (BankruptcyAction.com)

United Glossary of Bankruptcy Terms 2012.

chapter 11: Chapter 11 is the reorganization chapter of the bankruptcy code in which a debtor seeks to rehabilitate and reorganize its financial structure. The goal of Chapter 11 is to propose a plan that is accepted by a vote of the creditors or is approved by the Judge despite rejection by the creditors. also see Plan, Cramdown

Glossary of Bankruptcy.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

Chapter — • Designates certain corporate ecclesiastical bodies, said to be derived from the chapter of the rule book, which it was the custom to read in the assemblies of monks Catholic Encyclopedia. Kevin Knight. 2006. Chapter Chapter … Catholic encyclopedia
Chapter 27 — Theatrical release poster Directed by Jarrett Schaefer Produced by Na … Wikipedia
Chapter 11 — ist ein Abschnitt des Insolvenzrechts der Vereinigten Staaten (engl.: US bankruptcy code). Der Begriff bezeichnet in der angelsächsischen Finanz und Rechtssprache die Insolvenz eines Unternehmens. Inhaltsverzeichnis 1 Inhalt 2 Der Sinn von… … Deutsch Wikipedia
Chapter 13 — bankruptcy proceedings for an individual with the intention of rescheduling the individual s debt (rather than liquidating the individual s assets and debt; an individual files under Chapter 7 to liquidate), Chapter 13 is referred to as… … Glossary of Bankruptcy
Chapter 14 — Origin San Diego, California, USA Genres Rock, progressive metal, post hardcore Years active 2003–present Associated acts Austrian Death Machine, Destroy The Runner … Wikipedia
Chapter 11 — chap·ter 11 n: chapter 11 of the U.S. Bankruptcy Code see also bankruptcy code in the important laws section Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Chapter 24 — Song by Pink Floyd from the album The Piper at the Gates of Dawn Released August 5, 1967 Recorded February June 1967 Genre Psychedelic rock … Wikipedia
Chapter — Chap ter, n. [OF. chapitre, F. chapitre, fr. L. capitulum, dim. of caput head, the chief person or thing, the principal division of a writing, chapter. See {Chief}, and cf, {Chapiter}.] 1. A division of a book or treatise; as, Genesis has fifty… … The Collaborative International Dictionary of English
Chapter 13 — n: chapter 13 of the U.S. Bankruptcy Code see also bankruptcy code in the important laws section Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Chapter 7 — liquidation proceedings; generally assets are sold by a trustee and the company ceases operation. Individuals may file Chapter 7 also (Glossary of Common Bankruptcy Terms) A liquidation proceeding available to individuals, married couples,… … Glossary of Bankruptcy

Academic Dictionaries and Encyclopedias

Chapter 11

Look at other dictionaries:

Share the article and excerpts

Academic Dictionaries and Encyclopedias

Glossary of Bankruptcy

Chapter 11

Look at other dictionaries:

Share the article and excerpts

Direct link