Translation of "Chapter 11" into English
Chapter 11 is the translation of "Chapter 11" into English.
Chapter 11
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Chapter 11
A U.S. bankrupcy statute that allows a debtor to continue to own a business and control its operations while reorganizing the business to achieve solvency.
Bei Inanspruchnahme von Chapter 11 können Unternehmen mit eigentlich solidem Geschäft in der Regel Schulden in Eigenkapital umwandeln.
Under Chapter 11, companies with a solid underlying business generally swap debt for equity.
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