• Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts...
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  • 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....
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  • Bankruptcy Code may refer to: Bankruptcy in Canada Bankruptcy in China Bankruptcy in the United States or Title 11 of the United States Code (aka the...
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  • The bankruptcy of FTX, a Bahamas-based cryptocurrency exchange, began in November 2022. The collapse of FTX, caused by a spike in customer withdrawals...
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  • Email bankruptcy is deleting or ignoring all emails older than a certain date, due to an overwhelming volume of messages. The term is usually attributed...
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  • Thumbnail for Detroit bankruptcy
    of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated...
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  • Thumbnail for Bankruptcy in the United States
    In the United States, bankruptcy is largely governed by federal law, commonly referred to as the "Bankruptcy Code" ("Code"). The United States Constitution...
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  • S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11...
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    The bankruptcy of Lehman Brothers, also known as the Crash of '08 and the Lehman Shock on September 15, 2008, was the climax of the subprime mortgage crisis...
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  • Personal bankruptcy law allows, in certain jurisdictions, an individual to be declared bankrupt. Virtually every country with a modern legal system features...
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  • United States bankruptcy courts are courts created under Article I of the United States Constitution. The current system of bankruptcy courts was created...
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    9 bankruptcy. On April 1, 2013, the United States Bankruptcy Court Eastern District of California ruled that Stockton was eligible for bankruptcy protection...
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  • Enterprise Bankruptcy Law of the People's Republic of China (trial Implementation) was first passed in 1986. On 1 June 2007, the new Enterprise Bankruptcy Law...
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  • A Texas two-step bankruptcy is a two-step bankruptcy strategy under US bankruptcy law in which a solvent parent company spins off liabilities into a new...
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  • through Chapter 11, Title 11, United States Code in the United States bankruptcy court for the Southern District of New York. The United States government-endorsed...
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  • Thumbnail for Bankruptcy barrel
    The bankruptcy barrel is a visual symbol, primarily of the 20th century, used in cartoons and other media as a token of destitution. Not intended to be...
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  • Thumbnail for Bankruptcy and Insolvency Act
    The Bankruptcy and Insolvency Act (BIA; French: Loi sur la faillite et l'insolvabilité) is one of the statutes that regulates the law on bankruptcy and...
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  • in Diamond once it exits Chapter 11 bankruptcy. On March 14, 2023, Diamond Sports filed for Chapter 11 bankruptcy, 30 days after they failed to make a...
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  • state. Current U.S. bankruptcy law, an area governed by federal law, does not allow a state to file for bankruptcy under the Bankruptcy Code. Certain politicians...
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  • A bankruptcy remote company is a company within a corporate group whose bankruptcy has as little economic impact as possible on other entities within the...
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  • frequently difficult. Such willful defaults (the equivalent of strategic bankruptcy by a company or strategic default by a mortgager, except without the possibility...
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    within the company became public in October 2001, the company filed for bankruptcy and its accounting firm, Arthur Andersen—then one of the five largest...
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  • The Superintendent of Bankruptcy is a Canadian government position charged to ensure that bankruptcies and insolvencies in Canada are conducted in a fair...
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  • given time. The issue is of special legal significance on a question of bankruptcy and death of the person. (See inheritance.) Depending on the particular...
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  • United States Code, also known as the United States Bankruptcy Code, is the source of bankruptcy law in the United States Code. Title 11 is subdivided...
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  • finance, bankruptcy costs of debt are the increased costs of financing with debt instead of equity that result from a higher probability of bankruptcy. The...
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    Enron (category Companies that filed for Chapter 11 bankruptcy in 2001)
    and InterNorth, both relatively small regional companies. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,600 staff and was...
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  • Thumbnail for Bankruptcy Abuse Prevention and Consumer Protection Act
    The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) (Pub. L. 109–8 (text) (PDF), 119 Stat. 23, enacted April 20, 2005) is a legislative...
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  • A trustee in bankruptcy is an entity, often an individual, in charge of administering a bankruptcy estate. In Canada, a licensed insolvency trustee (LIT)...
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  • £13bn) hole in its accounts, in what remains Europe's biggest bankruptcy. The Parmalat bankruptcy greatly affected football team AC Parma, in which Parmalat...
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