Corporate Bankruptcy: "How Does Chapter 11 Work?
The U.S. Trustee, the bankruptcy arm of the Justice Department, will appoint one or more committees to represent the interests of creditors and stockholders in working with the company to develop a plan of reorganization to get out of debt. The plan must be accepted by the creditors, bondholders, and stockholders, and confirmed by the court. However, even if creditors or stockholders vote to reject the plan, the court can disregard the vote and still confirm the plan if it finds that the plan treats creditors and stockholders fairly. Once the plan is confirmed, another more detailed report must be filed with the SEC on Form 8-K. This report must contain a summary of the plan, but sometimes a copy of the complete plan is attached. "
July 11, 2004
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Hello Glen Scheer,
ReplyDeleteHmmm...fancy that a search for types of bankruptcy brought me to your blog. Hah! Maybe our stars are aligned tonight :)
May not be the exact infomation on types of bankruptcy ...but am glad to have dropped by. Your post on this post makes an intersting read.
Glen Scheer, keep up the nice work on the blogs. Cheers and all the best!!
Hi there Glen Scheer...Googled for chapter 11 bankruptcy and here is where I landed. No regrets...good entertaining read on this post, although not exactly what I was originally searching for.
ReplyDeleteHow I also wish I can get the time to write interesting blogs like this. This is what makes the net so amazingly diverse. Anyways..on with my search for chapter 11 bankruptcy. All the best Glen Scheer.
You've got something good going, keep it up...cheers.
Hiya Glen Scheer,
ReplyDeleteDidnt know searching on the net for bankruptcy lawyer would bring me here. But hey... reading your post "this post" was entertaining.
While it may not be exactly related to bankruptcy lawyer, it was nevertheless a pleasure to have visited your blog. That's the beauty of the internet.. u just dont know what you will find at the next corner.
Glen Scheer, its been great to visit your blog...do keep blogging and continue to make the web a more interesting place..cheers mate
Hi there Glen Scheer...Googled for avoid bankruptcy and here is where I landed. No regrets...good entertaining read on this post, although not exactly what I was originally searching for.
ReplyDeleteHow I also wish I can get the time to write interesting blogs like this. This is what makes the net so amazingly diverse. Anyways..on with my search for avoid bankruptcy. All the best Glen Scheer.
You've got something good going, keep it up...cheers.
Hello Glen Scheer,
ReplyDeleteHmmm...fancy that a search for file bankruptcy brought me to your blog. Hah! Maybe our stars are aligned tonight :)
May not be the exact infomation on file bankruptcy ...but am glad to have dropped by. Your post on this post makes an intersting read.
Glen Scheer, keep up the nice work on the blogs. Cheers and all the best!!
Hi there Glen Scheer... Look where I landed searching for info on bankruptcy alternatives. But since Im here... I thought I'd just stop by and read... I found your post "this post" kinda interesting.
ReplyDeleteDo you always write that way?
I guess I'd better be on my way as I still need stuff on bankruptcy alternatives for my project.
Thanks for a good read Glen Scheer ...and keep doing all the great blogs. Cheers.
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