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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
It is not affiliated with any other Avon entity and was not part of the Chapter 11 proceedings.
—Jennifer Weil, WWD, 5 Dec. 2024
The companies filed for Chapter 11 bankruptcy protection after the court ruling, shutting about 80% of their business operations, including telemarketing call centers.
—Kate Gibson, CBS News, 5 Dec. 2024
Later that month, Cineworld emerged from Chapter 11 after reducing its debt levels.
—Rebecca Rubin, Variety, 3 Dec. 2024
Store Closure:Big Lots closing 19 more stores as retailer navigates Chapter 11 bankruptcy
Tyson Foods announced plant closures from 2023
The Kansas plant's impending closure comes after a string of shuttered Tyson facilities in recent years.
—Jack Harvel, USA TODAY, 3 Dec. 2024
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“Chapter 11.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Chapter%2011. Accessed 21 Dec. 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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