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  2. Chapter 11, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_11,_Title_11...

    Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]

  3. Title 11 of the United States Code - Wikipedia

    en.wikipedia.org/wiki/Title_11_of_the_United...

    Title 11 of the United States Code, also known as the United States Bankruptcy Code, is the source of bankruptcy law in the United States Code. [ 1 ] This article is part of a series on the

  4. United States Trustee Program - Wikipedia

    en.wikipedia.org/wiki/United_States_Trustee_Program

    The United States Trustee Program is a component of the United States Department of Justice that is responsible for overseeing the administration of bankruptcy cases and private trustees. [1] The applicable federal law is found at 28 U.S.C. § 586 and 11 U.S.C. § 101 , et seq.

  5. 11 U.S.C. § 1113 – Rejection of Collective Bargaining ...

    en.wikipedia.org/wiki/11_U.S.C._§_1113...

    11 U.S.C. §§1113(d), (e) and (f). The debtor's rejection of the collective bargaining agreement does not terminate the debtor's duty to bargain with the union under the NLRA . Even if a bankruptcy court permits the debtor to reject the entire collective bargaining agreement, the debtor may unilaterally implement only those changes in ...

  6. Interim trustee - Wikipedia

    en.wikipedia.org/wiki/Interim_trustee

    The permanent trustee serves as trustee for the duration of the case, but is subject to removal for good cause. In the overwhelming majority of bankruptcy cases, the interim trustee is not replaced, and serves for the entire case. Chapter 7 trustees are selected by the U.S. Trustee from a "panel" of individuals residing or having offices in the ...

  7. Claim in bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Claim_in_bankruptcy

    A Proof of claim in bankruptcy, in United States bankruptcy law, is a document filed with the Court so as to register a claim against the assets of the bankruptcy estate. The claim sets out the amount that is owed to the creditor as of the date of the bankruptcy filing and, if relevant, any priority status.

  8. Trustee in bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Trustee_in_bankruptcy

    In limited circumstances, the creditors involved in a bankruptcy case can elect a trustee. In a Chapter 7 Bankruptcy ("Liquidation") the trustee gathers the debtor's non-exempt property, managing the funds from the sale of those assets, and then paying expenses and distributing the balance to the owed creditors.

  9. Harrington v. Purdue Pharma L.P. - Wikipedia

    en.wikipedia.org/wiki/Harrington_v._Purdue...

    Harrington v. Purdue Pharma L.P., 603 U.S. 204 (2024), is a United States Supreme Court case regarding Chapter 11 of the Bankruptcy Code. [1] The case addressed the 2022-2023 Purdue Pharma bankruptcy settlement and whether, under Chapter 11 of the Bankruptcy Code, a release extinguishing claims held by nondebtors against nondebtor third parties, without the claimants’ consent could move forward.

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