The action that may allow a company to emerge from Chapter 11 bankruptcy. Reorganization consists of a series of agreements between the company, its creditors, and the court which allow for the company to repay its debts and alter its structure to prevent the same problems form arising again.
Related information about reorganization:
- Reorganization - Merriam-Webster Online
Apr 23, 2011 ... Definition of reorganization from the Merriam-Webster Online Dictionary with audio pronunciations, thesaurus, Word of the Day, and word ...
- Reorganization Guidelines
Before you begin the planning and tactical process related to reorganization and layoffs, it is of utmost importance to think about the “how” and the “why.” ...
- Reorganization Definition | Investopedia
A process designed to revive a financially troubled or bankrupt firm. A reorganization involves the restatement of assets and liabilities, as well as holding talks ...
- reorganization - The Free Dictionary
re·or·gan·i·za·tion (r -ôr g -n -z sh n). n. 1. The act or process of organizing again or differently. 2. A thorough alteration of the structure of a business corporation.
- Reorganization Act of 1939 - Wikipedia, the free encyclopedia
The Reorganization Act of 1939, Pub.L. 76-19, 53 Stat. 561, enacted April 3, 1939, codified at 5 U.S.C. § 133, is an American Act of Congress which gave the ...
- Indian Reorganization Act - Wikipedia, the free encyclopedia
The Indian Reorganization Act of June 18, 1934, sometimes known as the Indian New Deal, was U.S. federal legislation that secured certain rights to Native ...
- Reorganization Plan No. 3 - Wikipedia, the free encyclopedia
Reorganization Plan No. 3 (35 F.R. 15623, 84 Stat. 2086) was an executive order submitted to the United States Congress on July 9, 1970 by President Richard ...
- What is reorganization? definition and meaning
Definition of reorganization: Restructuring of a firm's operations, in order to concentrate on core activities and outsource peripheral ones, often requiring ...