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A plaque found in RTS made after the 1980s, featuring the TMC logo and the acronym "RTS" A 1994 TMC RTS bus still in service in 2016 for Lewis & Clark College, in Portland, Oregon. Transportation Manufacturing Corporation (TMC) was a bus manufacturer based in Roswell, New Mexico.
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]
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]
Chapter 15 incorporates the Model Law on Cross Border Insolvency drafted by the United Nations Commission on International Trade Law.The law provides solutions to problems which arise in connection with cross-border bankruptcy, allowing US courts to issue subpoenas, orders to turn over assets, stays on pending actions, and orders of other types as circumstances dictate.
Section 75 was enacted by the Bankruptcy Act of 1933 and provided specific provisions for farmers. [1] However, many of these provisions were limited in scope, and ultimately required the voluntary cooperation of mortgagors and creditors. In addition, section 75, as it was originally conceived, was a temporary measure.
A conventional bankruptcy case is one in which the debtor files for Chapter 11 relief without having agreed in advance to the terms of a plan of reorganization with its creditors. During the course of the Chapter 11 case, the debtor or, if the debtor does not retain the exclusive right to propose a plan, a creditor or creditor group may ...
105.1 TMC, a radio station in Cebu, Philippines; Taipei Music Center, performing arts and cultural center in Taipei, Taiwan; Thomas & Mack Center, an indoor arena on the campus of the University of Nevada, Las Vegas opened in 1983; Traffic Message Channel, a technology for delivering traffic and travel information to drivers
The buyers renamed the new company Specialized Transportation Inc. (STI). [ citation needed ] On August 1, 2005, SIRVA sold its warehouse operation business to Lake Capital, a banking company. The business was named NAL Worldwide, a limited liability company in order to be a familiar sound to previous customers and anyone familiar with the old ...