Chapter 11

Chapter 11 of the Bankruptcy Code governs reorganization cases for businesses and individuals not eligible for Chapter 13. A debtor under Chapter 11 will file a Chapter 11 plan to reorganize or liquidate its assets. Usually, the Chapter 11 debtor remains in possession of its assets and is called a Debtor-in-Possession.

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The editors and editorial board of DailyDAC include preeminent restructuring and insolvency professionals, journalists, and editors. They are devoted to providing reliable and plain English education and deal intelligence about assignments, corporate bankruptcy, receiverships, out-of-court workouts and similar topics.

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