Chapter 11

or Chapter Eleven, Chapter XI

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noun U.S. Law.

a section of the Bankruptcy Code that provides for the reorganization of an insolvent corporation under court supervision and can establish a schedule for the payment of debts and, in some cases, a new corporation that can continue to do business.

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Words nearby Chapter 11

chaps, Chap Stick, chaptalization, chaptalize, chapter, Chapter 11, Chapter 11 bankruptcy, chapter 7, chapter and verse, chapter book, chapter head

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use Chapter 11 in a sentence

There were 5,236 Chapter 11 filings in 2019, but 6,917 last year, a tally at least 30 percent higher than any of the previous four years.
The wave of covid bankruptcies has begun|Jonathan O'Connell, Anu Narayanswamy|February 26, 2021|Washington Post
Just this week, coworking space Knotel filed for Chapter 11 bankruptcy.
Can the pandemic save WeWork?|Michelle Cheng|February 6, 2021|Quartz
Le Tote, a clothing rental start-up, that bought Lord & Taylor last year for about $100 million, also filed for Chapter 11 bankruptcy on Sunday.
Pandemic bankruptcies: A running list of retailers that have filed for Chapter 11|Abha Bhattarai|December 4, 2020|Washington Post
Sephora and Kohl’s, which started talking about the potential partnership around the time Penney filed for Chapter 11 bankruptcy in the spring, will start with 200 locations next year, and build up to 850 by 2023.
Kohl’s replaces J.C. Penney as Sephora’s U.S. big retail partner|Phil Wahba|December 1, 2020|Fortune

After store redesigns and other changes failed to draw customers, the Fort-Worth, Texas, company filed for Chapter 11 bankruptcy protection in 2015 and then again two years later.
Left for dead, twice, RadioShack gets another shot online|Verne Kopytoff|November 26, 2020|Fortune
Enforcement of U.S Code, Title VII, Chapter 25A “Export Standards for Grapes and Plums” remains fully funded, thank goodness.
Congress’ Gift That Keeps on Giving|P. J. O’Rourke|December 20, 2014|DAILY BEAST
The thaw between Washington and Cuba finally begins to close a chapter of the Cold War.
Did The U.S.-Cuba Deal Help Drive A Rebel Ceasefire in Colombia?|Richard McColl|December 18, 2014|DAILY BEAST
And so it goes, another chapter written in the mutually abusive relationship of bad government and bad culture.
The FBI’s Bogus ISIS Bust|James Poulos|November 21, 2014|DAILY BEAST
On Election Night, he beamed: “This is the beginning of a new chapter in the life of our city.”
The Ugly Truth About Cory Booker, New Jersey’s Golden Boy|Olivia Nuzzi|October 20, 2014|DAILY BEAST
Take for instance this chapter on John Coltrane from Hentoff's wonderful book, Jazz Is.
The Stacks: John Coltrane’s Mighty Musical Quest|Nat Hentoff|October 18, 2014|DAILY BEAST
This is one of the most striking manifestations of the better side of child-nature and deserves a chapter to itself.
Children's Ways|James Sully
In the next chapter he gives his twelve disciples authority over demons.
Solomon and Solomonic Literature|Moncure Daniel Conway
In the preceding chapter an examination has been made of the purely mechanical side of the era of machine production.
The Unsolved Riddle of Social Justice|Stephen Leacock
You may read the horrible story for yourselves in the third chapter of the Second Book of Kings.
God and my Neighbour|Robert Blatchford
Of the railway mania period I have spoken in a previous chapter.
Fifty Years of Railway Life in England, Scotland and Ireland|Joseph Tatlow

British Dictionary definitions for Chapter 11

chapter 11

noun

US the statute regarding the reorganization of a failing business empowering a court to allow the debtors to remain in control of the business to attempt to save itthey are in chapter 11

Word Origin for chapter 11

C20: from chapter 11 of the Bankruptcy Reform Act (1978)

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012