Chapter 11 bankruptcy Sentence Examples

chapter 11 bankruptcy
  • Global Crossing, a long-distance telecoms carrier once valued at some $ 50 billion, filed for Chapter 11 bankruptcy protection.

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  • In late January of 2009, Ashwell's company, Shabby Chic, filed for Chapter 11 bankruptcy.

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  • In 1999, because of declining interest and revenue, Planet Hollywood International, Inc. filed for Chapter 11 bankruptcy reorganization.

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  • For example, corporations and partnerships can file for either Chapter 7 or Chapter 11 bankruptcy.

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  • On a separate note, Sharper Image was forced to file for Chapter 11 Bankruptcy in 2008 largely due to litigation over the advertising of the company's Ionic Breeze product.

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  • The hope behind Chapter 11 bankruptcy is that the reorganization allows debt payments to be restructured in a way that allows your business to meet its financial obligations from earnings yet to come.

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