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chapter 11
(redirected from Chapter 11 of the 1978 Bankruptcy Act)

    Also found in: Financial 0.01 sec.
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)]
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