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
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Nikola, which plans to sell some assets and eventually exit Chapter 11, joins the ranks of dozens of EV companies that have crashed and burned over the years.
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William Gavin, Quartz, 23 Feb. 2025
Steward, which filed for Chapter 11 bankruptcy protection in May, put all of its hospitals in Florida and elsewhere up for sale to thin debt.
—Michelle Marchante, Miami Herald, 22 Feb. 2025
Forever 21 is closing stores as the fast-fashion retailer's U.S. operator is considering bankruptcy, five years after the company escaped Chapter 11, according to multiple reports.
—Jonathan Limehouse, USA TODAY, 21 Feb. 2025
Red Lobster filed for Chapter 11 in May after closing several stores, but exited bankruptcy in September after being acquired by a new owner.
—Brian Niemietz, New York Daily News, 21 Feb. 2025
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William Gavin, Quartz, 23 Feb. 2025
Steward, which filed for Chapter 11 bankruptcy protection in May, put all of its hospitals in Florida and elsewhere up for sale to thin debt.
—Michelle Marchante, Miami Herald, 22 Feb. 2025
Forever 21 is closing stores as the fast-fashion retailer's U.S. operator is considering bankruptcy, five years after the company escaped Chapter 11, according to multiple reports.
—Jonathan Limehouse, USA TODAY, 21 Feb. 2025
Red Lobster filed for Chapter 11 in May after closing several stores, but exited bankruptcy in September after being acquired by a new owner.
—Brian Niemietz, New York Daily News, 21 Feb. 2025
See All Example Sentences for Chapter 11
Cite this Entry
“Chapter 11.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Chapter%2011. Accessed 3 Mar. 2025.
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