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
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