reorganization
DefinitionThe action that may allow a company to emerge from Chapter 11 bankruptcy. Reorganization consists of a series of agreements between the company, its creditors, and the court which allow for the company to repay its debts and alter its structure to prevent the same problems form arising again.
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Related Terms
cramdown -
recapitalization, poison put, prepackaged bankruptcy
reorganization appears in the definitions of these other terms on BusinessDictionary.com
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