Chapter 11 bankruptcy

Cultural  

1. A provision of the U.S. bankruptcy law which enables a failing firm to apply to the courts for protection against all creditors while it is reorganized to pay its debts. This provision enables a firm to avoid being closed down by any single creditor and gives investors a chance to decide whether the firm can again be made profitable. At the same time, it gives dishonest management the opportunity to loot the firm's assets while the case is before the courts.

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Chapter 11 bankruptcy

Signorello Estate — a Napa Valley winery that rebuilt after becoming the poster child of the Atlas fire when its tasting room burned to the ground — filed for Chapter 11 bankruptcy protection last month.

From Los Angeles Times ● Sep. 9, 2026

The drugmaker tried three times to force a settlement through bankruptcy, funneling the claims into a subsidiary and putting that subsidiary into Chapter 11 bankruptcy.

From The Wall Street Journal ● Jul. 27, 2026

Dish on June 30 filed for Chapter 11 bankruptcy protection, and the Raymond James analysts said they would “not be surprised” if Hughes follows suit.

From MarketWatch ● Jul. 17, 2026

The store closed more than five years ago in the wake of a 2018 filing by its parent company for Chapter 11 bankruptcy protection.

From Los Angeles Times ● Jun. 19, 2026

RAD filed for Chapter 11 bankruptcy protection in March, attributing its problems to publicity around the state investigation into the business and other “regulatory matters,” according to petition documents.

From Barron's ● Jun. 2, 2026