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. Indiv [..]

An arrangement under U.S. insolvency laws by which a debtor who is unable to pay his debts remains in possession of his business and in control of its operations unless a court rules otherwise. The arrangement allows debtors and creditors considerable flexibility in working together to reorganize the business and repay debt.

1. In NAFTA, this portion deals with foreign direct investment. Most controversially, it includes a provision for investor-state dispute settlement. 2. A portion of U.S. bankruptcy law under which a f [..]

Definition The part of the U.S. Bankruptcy Code describing how a company or debtor can file for court protection. In the case of a corporation, reorganization occurs under the existing management.

of the code the debtor continues ownership, and is given the ability to reorganize or downsize the business and its operations. This allows the business to continue operations, albeit under a radical [..]

chapter 11 of the U.S. Bankruptcy Code see also Bankruptcy Code in the Important Laws section

A petition designed to reorganize business debt. The business normally is permitted to continue its operations under court supervision until some plan of reorganization is approved by the creditors.

That portion of the federal bankruptcy code that deals with business reorganizations.

The term for bankruptcy protection in the US. It postpones a company's obligations to its creditors, giving it time to reorganise its debts or sell parts of the business, for example.

Chapter 11 of the American bankruptcy protection laws effectively puts a protective ring around a company, winning it time to renegotiate its debts and stopping creditors from claiming assets…

U.S. bankruptcy code that allows a company to reorganize. The company is generally placed under a group of trustees, and the terms of its debt are spread out over time or reduced.

Chapter 11 refers to a section of the U.S. Bankruptcy Code that defines a type of court protection for insolvent entities or individuals. In Chapter 11 bankruptcy filings, the insolvent party is allow [..]

 bankruptcy refers to the section of U.S. bankruptcy law under which companies and individuals can attempt to restructure their debts in order to repay them.

In general, Chapter 11 is for businesses, not individuals. This does not mean it's off limits to individuals, but it does mean that filing Chapter 7 or Chapter 13 is often easier and more favorab [..]

The section of the U.S. Bankruptcy Code which describes how a company or creditor can file for court protection.

A provision of bankruptcy laws allowing a bankrupt company to remain in business while its owners attempt to pay its debts.

A section of the Federal Bankruptcy Code dealing with business reorganizations. A separate section, referred to as Chapter 7, deals with business liquidations.

A debtor (business, individual, or partnership) is declared bankrupt but is allowed reorganization to attempt debt repayment. Creditor approval is required. A separate taxable entity is created.

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. Peopl [..]

 the section of the Bankruptcy Code that outlines the process for asset reorganization.

The term for bankruptcy protection in the US. It postpones a company's obligations to its creditors, giving it time to reorganise its debts or sell parts of the business, for example.

The U.S. Bankruptcy Code section allowing companies and corporations to reorganize their debt or rehabilitate and reorganize their financial structure. The goal of Chapter 11 is to propose a plan that is accepted by a vote of the creditors.