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

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

From The Wall Street Journal ● Jun. 26, 2026

Hertz filed for Chapter 11 relief at the height of the Covid-19 pandemic as global travel collapsed and used-car values plummeted.

From Barron's ● Jun. 24, 2026

By Chapter 11, “A Dismal Science,” Mr. Vance has cast humility aside.

From The Wall Street Journal ● Jun. 15, 2026

Chapter 11 bankruptcy filings in the U.S. were up 42% in April from a year prior, and Subchapter V small-business filings rose 46%.

From MarketWatch ● May 21, 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 Ogg, Frederic Austin

Despite raising hundreds of millions of dollars from this arrangement, Bed Bath & Beyond filed for chapter 11 weeks after Hudson Bay terminated the deal, and the shares that individual investors bought were wiped out.

From The Wall Street Journal ● Jul. 8, 2026

The company entered chapter 11 in the U.S.

From The Wall Street Journal ● Jun. 30, 2026

Dish DBS, part of Charlie Ergen’s EchoStar broadcast empire, is preparing to file for chapter 11 bankruptcy as soon as Tuesday, The Wall Street Journal reported.

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

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