reorganization


Definition
The 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.

Related Terms

absolute priority rule -  More

Chapter 10 -  More

cramdown -

Related Personal Finance Articles

Loading...

reorganization in the news

Loading...

reorganization is ...

... part of the Banking and Business subjects.

Search volume for reorganization

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z