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CHAPTER 11 BANKRUPTCY
Chapter 11 Bankruptcy is the form of bankruptcy, sometimes called "reorganization,” available to companies in financial distress under Title 11 of the U.S. Code. Through imposition of an "automatic stay" to suspend collection efforts against the debtor, Chapter 11 offers a "breathing spell" to businesses (and individuals) needing some extra time to put their financial house in order and can give them a "fresh start" to achieve financial success.
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...into "administration," the Australian equivalent of Chapter 11 bankruptcy protection.
Kurtzman Carson Consultants' managing director Jonathan Carson says accelerated bankruptcy cases, especially...
While Detroit officials may be looking toward a Chapter 9 filing to steer the Detroit Public School System away from...
General Motors Co. CEO Fritz Henderson kicked off a sales challenge worthy of the slickest used car dealer on Monday,...
Last week I was listening to the CEO of Circuit City Jim Marcum and executives from FTI Inc., the consultants to the...
Nortel Network Corp.'s widely publicized auction of its mobile infrastructure assets is an example of how distress is...
The carnage in the commercial real estate sector continued over the weekend as private equity-backed Capmark Financial...
Lance Inc. has proved that one can have its cake (or cookie) and eat it too. The Charlotte, N.C.-based snack food...
...filed Chapter 11 back in January around the same time that their biggest lender finished a foreclosure case against...
Dallas private equity firm Lone Star Funds could well be on its way to having backed the most companies that have...
A "scrivener's error" to one of the largest DIP loans in history could cost Lyondell Chemical Co.
Looks like staffers of The Deal will no longer have impromptu elevator rides with Jon Bon Jovi to look forward to.
...it has placed its European holding company in Chapter 11 protection.
Triad Senior Living communities filed several related Chapter 11 cases in the Newnan Division of the Northern District...
A group of Six Flags Inc.'s noteholders are hoping to have the same luck that the bondholders in Trump Entertainment...
Should Lehman Brothers Holdings Inc. have been allowed to fail? Sullivan & Cromwell LLP managing partner Rodgin...
Today marks the first anniversary of Lehman Brothers Holdings Inc.'s collapse into bankruptcy. To commemorate, The New...
These days, the lingerie business is not all lace and frills. Intimas Group plc, a U.K.-based intimate apparel maker,...
The personal injury law firm immortalized in the 2000 film Erin Brockovich has itself been afflicted by financial peril...
...has filed for Chapter 11 protection from creditors in United States Bankruptcy...
...take out spots, has filed for Chapter 11. Mangia reps ... · Italian Eatery Mania Files for Bankruptcy [Crain's]
After a rash of high-profile retail bankruptcies in the first half of 2009, the number of filings has slowed.
(Crain’s) — A U.S. Bankruptcy Court judge on Thursday approved the sale of the Sun-Times Media Group to an investment...
Intrigue is mounting in the bankruptcy of Philadelphia's daily newspapers. Early in the case, Philadelphia Newspapers...
Top Sources: Chapter 11 Bankruptcy
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