Chapter 11 Sentence Examples
- The company filed for Chapter 11 bankruptcy protection, hoping to restructure its debt and avoid liquidation.
- The Chapter 11 proceedings allowed the business to continue operating while it developed a plan to repay its creditors.
- The judge approved the Chapter 11 reorganization plan, which included provisions for paying off secured and unsecured debt.
- During the Chapter 11 process, the company was under the supervision of a bankruptcy trustee who monitored its financial transactions.
- Creditors had the opportunity to file claims with the bankruptcy court during the Chapter 11 proceedings.
- The Chapter 11 bankruptcy provided the company with legal protection from creditors and lawsuits.
- The Chapter 11 process allowed the company to reduce its debt burden and emerge from bankruptcy as a stronger entity.
- The costs associated with Chapter 11 bankruptcy can be significant, including legal fees and administrative expenses.
- Chapter 11 is a complex legal process that requires the guidance of experienced professionals.
- The success of a Chapter 11 bankruptcy case often depends on the company's ability to implement its reorganization plan effectively.
Chapter 11 Meaning
Chapter 11
chapter 11 of the U.S. Bankruptcy Code see also Bankruptcy Code, bankruptcy as provided under Chapter 11 of the Bankruptcy Code which governs corporate reorganization
Synonyms & Antonyms of Chapter 11
Synonyms:
No weak syonyms found.
Antonyms:
No weak antonyms found.
FAQs About the word Chapter 11
chapter 11 of the U.S. Bankruptcy Code see also Bankruptcy Code, bankruptcy as provided under Chapter 11 of the Bankruptcy Code which governs corporate reorga
insolvency,bankruptcy, failure,ruin,
solvency,,
The company filed for Chapter 11 bankruptcy protection, hoping to restructure its debt and avoid liquidation.
The Chapter 11 proceedings allowed the business to continue operating while it developed a plan to repay its creditors.
The judge approved the Chapter 11 reorganization plan, which included provisions for paying off secured and unsecured debt.
During the Chapter 11 process, the company was under the supervision of a bankruptcy trustee who monitored its financial transactions.
