The action that may allow a company to emerge from Chapter 11 bankruptcy. Reorganization...
Debtor reorganizes, rather than liquidates, and creditors claim future earnings of the bankrupt, rather than property presently held.
A change in the financial structure of a corporation. It usually is designed to assist financially ailing companies (See Bankrupt Corporation).
an extensive alteration of the structure of a corporation or government; "after the takeover there was a thorough reorganization"; "the reorganization was prescribed by federal bankruptcy laws"
an extremely difficult process, and the decision to reorganize a chapter is reached only after exhausting all other alternatives
a very serious action, and is normally taken as a last and final effort to resolve problems before the charter of the chapter is suspended
a financial restructuring of a corporation, especially in the repayment of debts, under a plan created by a trustee and approved by a court; a business reorganization conducted under Chapter 11.
If you haven't attacked or raided in your Combat Step (Step 3), you may conduct a reorganization in your Reorganization Step (Step 4), by spending 1 supply point. This allows you to freely rearrange all your units, leaders and naval squadrons in play, including moving them between theaters.
A voluntary or court ordered change in the capital structure of a corporation where all the assets of the old corporation are transferred to a newly formed corporation. The objective being to make a fair settlement with its creditors and permit the corporation to continue its business operation.
A plan approved by the Bankruptcy Court which implements the debtor's restructuring of its financial affairs.
The altering of a firm's capital, organizational, and/or management structure following a plan worked out during bankruptcy proceedings under chapter 11. The objectives of a reorganization are to eliminate the cause of the failure, settle with creditors, and allow the firm to remain in business.... read full article
(1) The financial restructuring of a company in bankruptcy. See: Bankruptcy. (2) The department within a brokerage firm which handles mergers, conversions, etc. Sometimes simply called Reorg.
To restructure or the act of restructuring a business, particularly with reduced or altered debt, relationship and contractual obligations
Creating a plan to restructure a debtor's business and restore its financial health.
a trustee attempts to rearrange the affairs of the enterprise prior to the enterprise being placed in receivership or bankruptcy. Page 65
the resolving of a Chapter 11 bankruptcy by the emergence of the debtor as a viable business. Generally, the company agrees with creditors on a plan for payment of their claims (plan of reorganization) and emerges from Chapter 11 after the plan is confirmed by the court. repossession - forced, or voluntary surrender of merchandise as result of the customer's failure to pay as promised. there are several type's and descriptions of repossession actions.
A process designed to revive a financially troubled or bankrupt firm. A reorganization involves the restatement of assets and liabilities, and communication with creditors in order to make arrangements for maintaining repayment.
1: Financial restructuring of a corporation in bankruptcy. 2: A department within a brokerage firm that handles client's securities that are merging, being taken over, etc. The department is usually just called "Reorg".
The implementation of a business plan to restructure a corporation, which may include transfers of stock between shareholders of two corporations in a merger.