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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. Dura Automotive Systems - Wikipedia

    en.wikipedia.org/wiki/Dura_Automotive_Systems

    Dura is headquartered in Auburn Hills, Michigan, USA with more than 21,000 employees at 41 sites in 15 countries. [citation needed] Dura was ranked in the 2006 Fortune 1000. Later that year, on October 30, 2006, Dura filed for Chapter 11 bankruptcy protection. [1]

  4. Lear Corporation - Wikipedia

    en.wikipedia.org/wiki/Lear_Corporation

    On July 2, 2009 Bloomberg News reported that Lear Corp. planned to file for Chapter 11 bankruptcy after reaching an agreement with representatives of secured lenders and bondholders. [11] On November 9, 2009, Lear announced it had emerged from bankruptcy.

  5. Bankruptcy in the United States - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_in_the_United...

    A Chapter 9 bankruptcy is available only to municipalities. Chapter 9 is a form of reorganization, not liquidation. Notable examples of municipal bankruptcies include that of Orange County, California (1994 to 1996) and the bankruptcy of the city of Detroit, Michigan in 2013.

  6. Title 11 of the United States Code - Wikipedia

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

    Chapter 7: Liquidation; Chapter 9: Adjustment of Debts of a Municipality; Chapter 11: Reorganization; Chapter 12: Adjustment of Debts of a Family Farmer or Fisherman with Regular Annual Income; Chapter 13: Adjustment of Debts of an Individual with Regular Income; Chapter 15: Ancillary and Other Cross-Border Cases

  7. Wellpath declares bankruptcy, leaving $6 million unpaid to ...

    www.aol.com/news/wellpath-declares-bankruptcy...

    The November bankruptcy filing leaves at least 15 EMS agencies across the state in financial distress and endangers the availability of emergency services for Michiganders in the eastern U.P.

  8. Chapter 9, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_9,_Title_11...

    Chapter 9, Title 11, United States Code is a chapter of the United States Bankruptcy Code, available exclusively to municipalities and assisting them in the restructuring of their debt. On July 18, 2013, Detroit, Michigan became the largest city in the history of the United States to file for Chapter 9 bankruptcy protection.

  9. General Motors Chapter 11 reorganization - Wikipedia

    en.wikipedia.org/wiki/General_Motors_Chapter_11...

    Under the reorganization process, termed a 363 sale (for Section 363 which is located in Title 11, Chapter 3, Subchapter IV of the United States Code, a part of the Bankruptcy Code), the purchaser of the assets of a company in bankruptcy proceedings is able to obtain approval for the purchase from the court prior to the submission of a re ...

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