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• Chapter 11
  Chapter 11

  noun

  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.
• chapter 11
  chapter 11

  noun

  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 it

Chapter 11

American  

Or Chapter Eleven,

noun

U.S. Law.

1. 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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chapter 11 British  

noun

1. 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 it

   they are in chapter 11

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Etymology

Origin of chapter 11

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

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Example Sentences

See Examples For:

Chapter 11 chapter 11

Children’s Place filed for Chapter 11 after an effort by a wealthy Saudi family to turn around the business failed to keep it out of bankruptcy court.

From The Wall Street Journal ● Nov. 9, 2026

LIV attorney Matthew Williams told the New Jersey bankruptcy court Thursday that the league would file a new Chapter 11 bankruptcy plan Monday.

From Los Angeles Times ● Nov. 5, 2026

Barring a major last-minute surprise, the league will wind down through its Chapter 11 bankruptcy proceedings and go through liquidation.

From The Wall Street Journal ● Nov. 5, 2026

In August, EchoStar’s Hughes Network Systems filed for Chapter 11 bankruptcy protection, shortly after its Dish Wireless and Dish DBS subsidiaries had done so.

From MarketWatch ● Oct. 16, 2026

Footnote 388: The judicial system of Prussia, regulated in common with that of the other states by Imperial law, is described in Chapter 11, pp. 241-244.

From The Governments of Europe by Frederic Austin Ogg

Some of those investments have tumbled further in recent weeks: Optimum is nearing a potential chapter 11 and Brightspeed is weighing a bankruptcy filing by year-end, WSJ Pro Bankruptcy reported earlier.

From The Wall Street Journal ● Oct. 30, 2026

Unlike a business that enters chapter 11 to reorganize, law firms that file for bankruptcy generally don’t survive.

From The Wall Street Journal ● Oct. 28, 2026

Keeping its operating company outside chapter 11 also helped Brightline avoid potential damages from these lawsuits, which could stack above creditor claims under the bankruptcy code governing railroad insolvencies.

From The Wall Street Journal ● Sep. 25, 2026

Brightline’s operating company will remain outside chapter 11 while the company restructures its debt through its holding company in bankruptcy, according to a company press release.

From The Wall Street Journal ● Sep. 25, 2026

Charles quickly opened the book to chapter 11 and slipped in his library card to bookmark the location.

From "Escape from Mr. Lemoncello's Library" by Chris Grabenstein

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