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 Synapse filed for Chapter 11 bankruptcy protection in April and has shut down its services to some of its fintech or bank partners, including Evolve Bank & Trust. Ken Sweet, Fortune, 23 May 2024 The company also branched into motocross gear and energy drinks before filing for Chapter 11 bankruptcy in 2011. Virginia Chamlee, Peoplemag, 22 May 2024 The Poseidon of seafood casual dining filed for Chapter 11 bankruptcy protection this week, capping a steady decline punctuated by leadership shakeups and store closures, leaving loyal customers like Bartus wondering if they’ll all be gone soon. Christopher Cann, USA TODAY, 22 May 2024 Red Lobster officially filed for Chapter 11 bankruptcy in Florida on Sunday, the company said in a statement Sunday night. Gabe Hauari, The Indianapolis Star, 20 May 2024 Red Lobster, the seafood chain whose cheddar biscuits and bottomless shrimp specials have long captivated the American palate and pocketbook, filed for Chapter 11 bankruptcy protection Sunday. Marisa Gerber, Los Angeles Times, 20 May 2024 Why did Red Lobster file for Chapter 11 bankruptcy? Mariyam Muhammad, The Enquirer, 20 May 2024 Genesis filed for Chapter 11 bankruptcy protection early last year as falling prices and the collapse of FTX reverberated throughout the industry. Kate Gibson, CBS News, 20 May 2024 The voluntary Chapter 11 petition filed in bankruptcy court Sunday in Florida states that there are more than 100,000 creditors, with assets and liabilities each totaling between $1 billion and $10 billion. Lori Weisberg, San Diego Union-Tribune, 20 May 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 28 May. 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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