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

Recent Examples on the Web Earlier this year, the company filed for Chapter 11 bankruptcy protection and in July closed a $350 million sale to its lenders. Todd Spangler, Variety, 14 Nov. 2023 Cineplex failed to collect on a $1.2 billion judgement against exhibition giant and Regal owner Cineworld Group in a Canadian court due to a Chapter 11 Bankruptcy filing in the U.S. that followed Cineworld pulling out of a $2.18 billion deal to buy the Canadian exhibition chain. Etan Vlessing, The Hollywood Reporter, 9 Nov. 2023 WeWork filed for Chapter 11 protections, the company announced Monday night. WIRED, 7 Nov. 2023 After a little more than two years as a public company, the infamous office-sharing firm has filed for Chapter 11 protection. Bailey Lipschultz, Fortune, 7 Nov. 2023 The company is currently in a legal state similar to U.S. Chapter 11 bankruptcy, heading toward a state similar to U.S. Chapter 7. IEEE Spectrum, 7 Nov. 2023 WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world. Wyatte Grantham-Philips, The Christian Science Monitor, 7 Nov. 2023 WeWork on Monday filed for Chapter 11 bankruptcy, serving as a painful lesson in how easy money fuels speculative investment. The Editorial Board, WSJ, 7 Nov. 2023 On November 11, the day FTX filed for Chapter 11 bankruptcy, Fong reached out to Bankman-Fried. Tracy Wang, Rolling Stone, 28 Oct. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'Chapter 11.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

see chapter

First Known Use

1970, in the meaning defined above

Time Traveler
The first known use of Chapter 11 was in 1970

Dictionary Entries Near Chapter 11

Cite this Entry

“Chapter 11.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Chapter%2011. Accessed 28 Nov. 2023.

Legal Definition

chapter 11

noun
chap·​ter 11
: chapter 11 of the U.S. Bankruptcy Code see also Bankruptcy Code
Last Updated: - Updated example sentences
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