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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]
When financial troubles mount and debts are piling up, filing for bankruptcy protection may be a last resort option. Personal bankruptcy filings usually involve Chapter 7 or Chapter 13, but when ...
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One local company that recently succeeded in exiting Chapter 11 bankruptcy is Clover Food Lab. The chain of vegetarian restaurants came out of bankruptcy in April and has a 5-year plan to open 47 ...
Companies that filed for Chapter 11 bankruptcy in 2023 (4 C, 164 P) Companies that filed for Chapter 11 bankruptcy in 2024 (167 P)
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