Chapter 11
noun
: bankruptcy as provided under Chapter 11 of the Bankruptcy Code which governs corporate reorganization
filed for Chapter 11
Examples of Chapter 11 in a Sentence
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Spirit Airlines, which hopes to exit Chapter 11 bankruptcy proceedings early this summer, has acknowledged that spiking fuel prices driven by war in the Middle East could well hamper its business prospects.
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David Lyons, Sun Sentinel, 18 Mar. 2026
Along with the $75 million in debtor-in-process financing, the company also obtained commitments for more than $75 million in exit financing, which will refinance the debtor-in-process financing and provide Lycra with capital once the Chapter 11 process is completed.
—Jennifer Bringle, Sourcing Journal, 17 Mar. 2026
Its founders also filed for Chapter 11 bankruptcy protection the same day.
—Essence, 17 Mar. 2026
The other Chapter 11 filing was made in November 2025 by the Castillo Grand Hotel Condominium Residences Association, which governs the condo-hotel units at the Ritz-Carlton Fort Lauderdale oceanfront resort.
—Awilda Esteras, Miami Herald, 12 Mar. 2026
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David Lyons, Sun Sentinel, 18 Mar. 2026
Along with the $75 million in debtor-in-process financing, the company also obtained commitments for more than $75 million in exit financing, which will refinance the debtor-in-process financing and provide Lycra with capital once the Chapter 11 process is completed.
—Jennifer Bringle, Sourcing Journal, 17 Mar. 2026
Its founders also filed for Chapter 11 bankruptcy protection the same day.
—Essence, 17 Mar. 2026
The other Chapter 11 filing was made in November 2025 by the Castillo Grand Hotel Condominium Residences Association, which governs the condo-hotel units at the Ritz-Carlton Fort Lauderdale oceanfront resort.
—Awilda Esteras, Miami Herald, 12 Mar. 2026
See All Example Sentences for Chapter 11
Cite this Entry
“Chapter 11.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Chapter%2011. Accessed 20 Mar. 2026.
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