Chapter 11 bankruptcy
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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Real Housewives of New Jersey star Teresa Giudice turned herself in to serve a 15-month sentence for bankruptcy fraud.How a ‘Real Housewife’ Survives Prison: ‘I Don’t See [Teresa Giudice] Having a Cakewalk Here’|Michael Howard|January 6, 2015|DAILY BEAST
Enforcement of U.S Code, Title VII, Chapter 25A “Export Standards for Grapes and Plums” remains fully funded, thank goodness.
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
Slim turned Bush down, and Lehman filed for bankruptcy in September 2008, just weeks before the presidential election.Bush, Christie, Romney: Who’ll Be the GOP Class Warrior?|Lloyd Green|December 15, 2014|DAILY BEAST
So while mourning the closing of De Robertis, consider that we might someday mourn the bankruptcy of whatever chain replaces it.
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.