reorganization in bankruptcy

  • 1reorganization — the resolving of a Chapter 11 bankruptcy by the emergence of the debtor as a viable business. Generally, the company agrees with creditors on a plan for payment of their claims (plan of reorganization) and emerges from Chapter 11 after the plan… …

    Glossary of Bankruptcy

  • 2Bankruptcy Reform Act of 1978 — the first substantive bankruptcy code revision since the Chandler Act of 1938. It took effect on October 1, 1979 and some of the major elements of this act were as follows: upgrading the jurisdiction of the U.S. bankruptcy courts to deal with… …

    Glossary of Bankruptcy

  • 3Bankruptcy Act of 1898 — the basis of the federal bankruptcy statutes used until the Bankruptcy Reform Act of 1978. It provided primarily for liquidation of companies; reorganization could be affected indirectly under the 1898 Act through equity receiverships (these were …

    Glossary of Bankruptcy

  • 4Bankruptcy Act of 1933 — a statutory expansion of reorganization for companies Section 77. The Bankruptcy Act of 1933 and the Bankruptcy Act of 1934 were superseded by the Chandler Act of 1938 (Glossary of Common Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …

    Glossary of Bankruptcy

  • 5Bankruptcy Act of 1934 — a further statutory expansion of reorganization for companies; (see Section 77B); the Bankruptcy Act of 1933 and the Bankruptcy Act of 1934 were superseded by the Chandler Act of 1938. (Common Bankruptcy Terms) United Glossary of Bankruptcy Terms …

    Glossary of Bankruptcy

  • 6reorganization — re·or·ga·ni·za·tion /ˌrē ˌȯr gə nə zā shən/ n 1: the act of reorganizing: the state of being reorganized 2 a: the rehabilitation of the finances of a business in accordance with a plan approved by a bankruptcy court under the provisions of… …

    Law dictionary

  • 7bankruptcy — bank·rupt·cy / baŋ ˌkrəp sē/ n pl cies 1: the quality or state of a bankrupt filed for bankruptcy 2: the administration of an insolvent debtor s property by the court for the benefit of the debtor s creditors the debt was discharged in bankruptcy …

    Law dictionary

  • 8reorganization plan — n: a plan submitted for approval to a bankruptcy court by a corporation seeking to reorganize under chapter 11 of the Bankruptcy Code that sets out the proposed restructuring Merriam Webster’s Dictionary of Law. Merriam Webster. 1996.… …

    Law dictionary

  • 9Bankruptcy Abuse Prevention and Consumer Protection Act (US) — Bankruptcy Abuse Prevention and Consumer Protection Act Full title An Act to amend title 11 of the United States Code, and for other purposes. Acronym BAPCPA Colloquial name(s) Bankruptcy Reform Enacted by the …

    Wikipedia

  • 10Bankruptcy discharge — Bankruptcy in the United States Bankruptcy in the United States Authority · History U.S. Trustee Court  …

    Wikipedia