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

Hughes Network Systems, owned by EchoStar, filed for Chapter 11 bankruptcy on Sunday.

From The Wall Street Journal ● Aug. 3, 2026

The Las Vegas company bought it this month after its former parent company, Fat Brands, declared Chapter 11 bankruptcy.

From Los Angeles Times ● Jul. 22, 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

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

Villa Chardonnay filed for Chapter 11 bankruptcy in October 2025 after the property in Julian went into foreclosure stemming from a $1.6-million unpaid loan, according to court records.

From Los Angeles Times ● May 9, 2026