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2. Chapter 11, Title 11, United States Code - Wikipedia

   en.wikipedia.org/wiki/Chapter_11,_Title_11...

   Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]

3. Red Lobster Has Officially Filed for Bankruptcy - AOL

   www.aol.com/red-lobster-reportedly-close-filing...

   ADXco / ShutterstockUPDATE: May 21, 2024Editor's note: On May 19, Red Lobster confirmed it has filed for Chapter 11 bankruptcy. Nearly 580 of its restaurants will remain open through the ...

4. Joann files for bankruptcy for second time within a year ...

   www.aol.com/joann-files-bankruptcy-second-time...

   Joann, an 82-year-old fabric and craft retailer, announced it has filed for Chapter 11 bankruptcy for a second time within a year due to financial and inventory issues. The company originally ...

5. 7 Key Signs Bankruptcy Is Not a Bad Thing for You - AOL

   www.aol.com/7-key-signs-bankruptcy-not-160008971...

   It requires that the debtor confirm a formal plan to repay creditors over a period of time and, thus, is typically a longer process than a Chapter 7 liquidation. Chapter 11 bankruptcy: Chapter 11 ...

6. List of airline bankruptcies in the United States - Wikipedia

   en.wikipedia.org/wiki/List_of_airline...

   Terms of an employee contract negotiated over years can be eliminated in months through Chapter 11. Terms of the Railway Labor Act, amended in 1936 to cover airlines, prevent most labor union work actions before, during and after an airline bankruptcy. Continental Airlines declared bankruptcy, Chapter 11, a second time in December 1990.

7. Harrington v. Purdue Pharma L.P. - Wikipedia

   en.wikipedia.org/wiki/Harrington_v._Purdue...

   Harrington v. Purdue Pharma L.P., 603 U.S. 204 (2024), is a United States Supreme Court case regarding Chapter 11 of the Bankruptcy Code. [1] The case addressed the 2022-2023 Purdue Pharma bankruptcy settlement and whether, under Chapter 11 of the Bankruptcy Code, a release extinguishing claims held by nondebtors against nondebtor third parties, without the claimants’ consent could move forward.