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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. 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.

  4. List of defunct retailers of the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_defunct_retailers...

    On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores. At the time of the announcement, Modell's was the world's oldest sporting goods chain Olympia Sports – the company was founded in 1975, and on July 22, 2022, the company filed for bankruptcy and announced it would close all 35 stores by September ...

  5. Steward files Chapter 11 bankruptcy. How is it ... - AOL

    www.aol.com/steward-files-chapter-11-bankruptcy...

    Individuals may also file for bankruptcy under Chapter 11, but that is not common. Although any bankruptcy is a kind of financial death, companies may emerge from Chapter 11 financially stable.

  6. Category:Companies that have filed for Chapter 11 bankruptcy ...

    en.wikipedia.org/wiki/Category:Companies_that...

    Companies that filed for Chapter 11 bankruptcy in 2023 (4 C, 164 P) Companies that filed for Chapter 11 bankruptcy in 2024 (167 P) Companies that filed for Chapter 11 bankruptcy in 2025 (1 P)

  7. Spirit Airlines stock plunges 38% on report it's considering ...

    www.aol.com/spirit-airlines-stock-plunges-report...

    Spirit Airlines stock plunged by as much as 38% on Friday after a report suggested it may file for Chapter 11 bankruptcy protection. ... a Chapter 11 filing isn't necessarily a death sentence for ...