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chapter 11 |
Also found in: Financial, Wikipedia | 0.04 sec. |
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chapter 11 n (Law) US the statute regarding the reorganization of a failing business empowering a court to allow the debtors to remain in control of the business to attempt to save it they are in chapter 11 [from chapter 11 of the Bankruptcy Reform Act (1978)] How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Smart Papers LLC, Hamilton, Ohio, USA and certain of its affiliates announced they have filed voluntary petitions for relief under Chapter 11 of the U. On hand at the presentation are, from left, Sam Lanza, Chapter 11 Adjutant and Past Department Congressman Ryan; David Baudo, Commander, Chapter 11; Nick Border, Past Department Commander; and Francis Mills, Past Chapter Commander. Chapter 11 reorganization must be regarded as an extreme remedy. |
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