reorganization plan

noun

: a plan submitted for approval to a bankruptcy court by a corporation seeking to reorganize under chapter 11 of the Bankruptcy Code that sets out the proposed restructuring

Dictionary Entries Near reorganization plan

Cite this Entry

“Reorganization plan.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/reorganization%20plan. Accessed 14 Apr. 2024.

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