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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
Belk filed for and emerged from Chapter 11 bankruptcy in February 2021.
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Catherine Muccigrosso, Charlotte Observer, 11 Feb. 2025
In early 2024, Party Fowl owners Austin Smith and Nick Jacobson filed for Chapter 11 bankruptcy, and in June, Regions Bank sued them for failure to repay loans.
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Hadley Hitson, The Tennessean, 10 Feb. 2025
The case was converted from Chapter 11 — reorganization — to Chapter 7 — liquidation — just two days before the trustee booted them out and the locksmith changed the locks Jan. 31.
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Teri Sforza, Orange County Register, 9 Feb. 2025
Bargain Hunt's parent company, Essex Technology Group, officially filed for Chapter 11 bankruptcy on Monday, according to a voluntary petition filed in the Middle District of Tennessee.
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Jonathan Limehouse, USA TODAY, 6 Feb. 2025
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“Chapter 11.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Chapter%2011. Accessed 21 Feb. 2025.
Legal Definition
chapter 11
noun
chap·ter 11
: chapter 11 of the U.S. Bankruptcy Code see also Bankruptcy Code
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