Chapter 11 Bankruptcy Attorney. Law Firm Web Design.
Chapter 11 Bankruptcy Attorney
- Chapter 11 is a chapter of the United States Bankruptcy Code, which permits reorganization under the bankruptcy laws of the United States.
- The chapter of the Bankruptcy Code providing (generally) for reorganization, usually involving a corporation or partnership. (A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time.
- A debtor (business, individual, or partnership) is declared bankrupt, but is allowed reorganization to attempt debt repayment. Creditor approval is required. A separate taxable entity is created.
- Protection from creditors given to a company in financial difficulties for a limited period to allow it to reorganize
- The state of being completely lacking in a particular quality or value
- a state of complete lack of some abstract property; "spiritual bankruptcy"; "moral bankruptcy"; "intellectual bankruptcy"
- inability to discharge all your debts as they come due; "the company had to declare bankruptcy"; "fraudulent loans led to the failure of many banks"
- The state of being bankrupt
- a legal process intended to insure equality among the creditors of a corporation declared to be insolvent
- A lawyer
- In the United States, a lawyer; one who advises or represents others in legal matters as a profession; An agent or representative authorized to act on someone else's behalf
- lawyer: a professional person authorized to practice law; conducts lawsuits or gives legal advice
- (Attorneys) Advertisers in this heading and related Attorney headings may be required to comply with various licensing and certification requirements in order to be listed under a specific practice area, and Orange Book does not and cannot guarantee that each advertiser has complied with those
- A person appointed to act for another in business or legal matters
In Yipes Company Chapter 11 scandalous
In Yipes Company Chapter 11 scandalous, Promod Hague, Keith Geeslin, and Peter Morris teamed up for their own profit gain stole $ 200 million from minority shareholders.
They are involved in Financial Crimes:
•Breach of Fiduciary Duty
Madoff stole money from investors and went to jail with all his assets. He was sentenced to 150 years in prison
Haque stole $200 Million from investors in Yipes Communication Inc. and became a billionaire and not in jail yet.
13/365 Chapter 11
Jan 13 13/365.
I found this old t-shirt a few days ago. Chapter 11 is the name of the bookstore where I worked for 13 years until 2006. At one point, it was the largest independent bookstore chain in the Southeast U.S. The slogan was "Prices so low you'd think we were going bankrupt." Unfortunately, it did.
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