Chapter 11 (US)

GPTKB entity

Statements (53)
Predicate Object
gptkbp:instanceOf bankruptcy process
gptkbp:administeredBy gptkb:United_States_Trustee_Program
gptkbp:allows debtor to propose a plan of reorganization
gptkbp:appliesTo corporations
individuals
partnerships
gptkbp:canBe creditors (involuntary)
debtors (voluntary)
gptkbp:cause asset sales
liquidation
debt restructuring
assumption of leases
change in management
conversion to Chapter 7
cramdown
debt discharge
dismissal of case
emergence from bankruptcy
modification of contracts
new financing
rejection of executory contracts
restructuring of operations
sale of assets free and clear of liens
gptkbp:country gptkb:United_States
gptkbp:enables businesses to continue operations
gptkbp:establishedBy gptkb:Bankruptcy_Reform_Act_of_1978
gptkbp:filingDate gptkb:United_States_Bankruptcy_Court
https://www.w3.org/2000/01/rdf-schema#label Chapter 11 (US)
gptkbp:jurisdiction federal
gptkbp:language English
gptkbp:mayInclude creditors' committee
disclosure statement
equity holders
plan confirmation hearing
priority claims
secured creditors
unsecured creditors
gptkbp:notableFor used by individuals with high debt
used by large corporations
used by small businesses
gptkbp:partOf gptkb:Title_11_of_the_United_States_Code
gptkbp:permits debtor-in-possession
gptkbp:publicLawNumber gptkb:11_U.S.C._§_1101_et_seq.
gptkbp:purpose reorganization of businesses
gptkbp:relatedTo gptkb:Chapter_13_(US)
gptkb:Chapter_7_(US)
gptkbp:requires court approval of reorganization plan
gptkbp:sometimesCalled reorganization bankruptcy
gptkbp:subject automatic stay
gptkbp:bfsParent gptkb:LATAM
gptkb:AEROMEXICO
gptkb:LATAM_Airlines_Group
gptkbp:bfsLayer 6