Chapter 11

What is Chapter 11?

1.

Contrary to pouplar belief, Chapter 11 is not bankruptcy... It is Bankruptcy PROTECTION. Companies file Chapter 11 in order to restructure while protecting themselves from being liquidated by creditors.

Chapter 7 is liquidation with a cessation of all business activities.

US Airways Filed for Chapter 11 again. If the judge doesn't cancel the employee contracts, they'll be in Chapter 7 soon.

2.

An essential chapter to avoid bankruptcy; also used to describe a bankruptcy lawyer's genitals.

Yeah so I was having this Chester guy handle my chapter 11 cause im in serious debt, but it turns out the whole time he was feeling his own chapter 11. Never trust a Salomon

See bankruptcy, cock, dick, johnson

3.

To go bankrupt, to lose all money.

K-Mart is going to chapter 11 if they keep selling low quality products.

See k
2

Random Words:

Phip Shot
1. A hook shot or "sky-hook" from beyond the 3-point line in basketball, usually preceded by a half-skip. The shooter typically a..
Read more
Smoke The Tube
1. The act of blowing some kind of smoke(cigarette,pot,etc...)through usually a papertowel tube to entice a small rodent into someone&apos..
Read more
Queen Dopplepopolis
1. The Queen of the Dopplegangers “Say Hello to Queen Dopplepopolis for me!” “Dopplepopolis? Is that Greek?” “Dopplepopolis? What the h..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free