Jump To:

• 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.

---

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

---

Etymology

Origin of chapter 11

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

Example Sentences

See Examples For:

Chapter 11 chapter 11

Max Frumes and Sujeet Indap sketch the shifting alliances and blustering personalities that made this one of the most notorious Chapter 11 cases of the 21st century.

From The Wall Street Journal ● Jul. 27, 2026

And while there aren’t liquidity concerns at JetBlue this year, it would be prudent for the company to address its capital structure with a Chapter 11 restructuring, they say.

From The Wall Street Journal ● Jul. 7, 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

Chapter 11 They decided to find their way through the lanes to Alum Bay, and then, keeping the cross in sight, to return over the downs, with the moon-path broad on the water before them.

From The Trespasser by Lawrence, D. H. (David Herbert)

Jones, the former chief judge of the Houston bankruptcy court, oversaw dozens of major chapter 11 proceedings that Freeman worked on without any disclosure that they were romantically involved.

From The Wall Street Journal ● Aug. 3, 2026

Dish DBS, the satellite pay-TV provider under Charlie Ergen’s EchoStar broadcast empire, is preparing to file for chapter 11 bankruptcy as soon as Tuesday, according to people familiar with the matter.

From The Wall Street Journal ● Jun. 29, 2026

Saks Global is emerging from chapter 11 bankruptcy and rebranding itself as Exemplar Luxury Group.

From The Wall Street Journal ● Jun. 26, 2026

Camp Mystic, the all-girls camp where 28 people died in catastrophic flooding in Texas last year, filed for chapter 11 bankruptcy protection Wednesday.

From The Wall Street Journal ● Jun. 24, 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