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 According to reports the restaurant franchise is considering a Chapter 11 bankruptcy filing to help restructure its debt. Jasmine Browley, Essence, 18 Apr. 2024 Red Lobster is considering a Chapter 11 bankruptcy filing, according to news sources. Kimberlee Speakman, Peoplemag, 17 Apr. 2024 Bloomberg, citing unnamed sources with knowledge of the situation, reported that the dining chain is considering filing for Chapter 11 bankruptcy protection to restructure some of its debt. Francisco Velasquez, Quartz, 17 Apr. 2024 Red Lobster, a popular seafood restaurant chain that first opened in Florida over 50 years ago, has reportedly been considering filing for Chapter 11 bankruptcy, according to a report from Bloomberg. The Arizona Republic, 17 Apr. 2024 After the original company filed for Chapter 11 bankruptcy, the device was marketed by a new startup and eventually acquired by Bayer. Catherine M. Klapperich, STAT, 12 Apr. 2024 Heritage 10 West Tasman LLC, the owner of the Tasman Drive office building, filed a petition on April 5 to reorganize its finances under Chapter 11 of the U.S. Bankruptcy Code, court records show. George Avalos, The Mercury News, 11 Apr. 2024 The owner of downtown Milwaukee's Marriott Hotel − financed in part with public funds − has filed for Chapter 11 bankruptcy protection. Tom Daykin, Journal Sentinel, 11 Apr. 2024 After filing for Chapter 11 bankruptcy in October, Rite Aid has listed new store locations set to close. Angela Rodriguez, Sacramento Bee, 5 Apr. 2024

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 25 Apr. 2024.

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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