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Chapter 11
noun
: bankruptcy as provided under Chapter 11 of the Bankruptcy Code which governs corporate reorganization
filed for Chapter 11
Examples of Chapter 11 in a Sentence
Recent Examples on the Web
Just months after that special filing window closed in late 2023, the diocese responded by filing for Chapter 11 bankruptcy protection.
—Jakob Rodgers, The Mercury News, 10 Nov. 2024
The filing details the restructuring of the Global Ecommerce segment, including a Chapter 11 bankruptcy filing and a debtor-in-possession term loan agreement.
—Quartz Bot, Quartz, 8 Nov. 2024
After filing for Chapter 11 bankruptcy last week, the chain is now contending with the expensive possibility of customers trying to redeem $49.7 million of gift cards that never expire.
—Sasha Rogelberg, Fortune, 5 Nov. 2024
Conn’s filed its own Chapter 11 petition in July to conduct an orderly wind-down of operations, which include both the Conn’s and W.S. Badcock nameplates.
—Vicki M. Young, Sourcing Journal, 4 Nov. 2024
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“Chapter 11.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Chapter%2011. Accessed 21 Nov. 2024.
Legal Definition
chapter 11
noun
chap·ter 11
: chapter 11 of the U.S. Bankruptcy Code see also Bankruptcy Code
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