bankruptcy code chapter 11--- reorganization

简明释义

破产法第11章 重组

英英释义

Bankruptcy Code Chapter 11 refers to a provision in the United States Bankruptcy Code that allows a business or individual to reorganize their debts while continuing to operate. It provides a legal framework for debtors to propose a plan to repay creditors over time, often while protecting their assets.

破产法第11章是指美国破产法中的一项条款,允许企业或个人在继续运营的同时重组其债务。它为债务人提供了一个法律框架,以提出计划在一段时间内偿还债权人,通常保护其资产。

例句

1.The company filed for bankruptcy code chapter 11--- reorganization to restructure its debts and continue operations.

该公司申请了破产法第11章---重组以重组其债务并继续运营。

2.During the bankruptcy code chapter 11--- reorganization, the management team worked closely with creditors to create a viable plan.

破产法第11章---重组期间,管理团队与债权人紧密合作,以制定可行的计划。

3.Investors are often wary of companies undergoing bankruptcy code chapter 11--- reorganization due to the associated risks.

投资者通常对经历破产法第11章---重组的公司持谨慎态度,因为相关风险较高。

4.The court approved the bankruptcy code chapter 11--- reorganization plan, allowing the business to emerge stronger.

法院批准了破产法第11章---重组计划,使企业能够更强大地复苏。

5.A successful bankruptcy code chapter 11--- reorganization can lead to new investment opportunities for the company.

成功的破产法第11章---重组可以为公司带来新的投资机会。

作文

In the world of finance and business, the term bankruptcy code chapter 11--- reorganization plays a crucial role in providing a framework for companies facing financial distress. This legal provision allows struggling businesses to reorganize their debts while continuing operations, which is essential for preserving jobs and maintaining economic stability. Understanding the intricacies of bankruptcy code chapter 11--- reorganization is vital for entrepreneurs, investors, and policymakers alike.When a company files for bankruptcy code chapter 11--- reorganization, it does not mean that the company is completely out of business. Instead, it signifies that the company is seeking protection from creditors while it devises a plan to pay off its debts over time. This process is often complex and requires careful planning and negotiation with various stakeholders, including creditors, employees, and suppliers. The ultimate goal is to emerge from bankruptcy as a healthier, more viable entity.One of the key advantages of bankruptcy code chapter 11--- reorganization is that it allows the company to maintain control of its operations during the restructuring process. Unlike other forms of bankruptcy, such as Chapter 7, where assets are liquidated, Chapter 11 enables the management team to continue making decisions about the business. This can lead to more effective turnaround strategies, as those who are familiar with the company's operations can implement changes necessary for recovery.The reorganization plan must be approved by the court and typically involves negotiations with creditors to reduce debt obligations or extend payment timelines. Creditors may agree to these terms if they believe that the company has a viable chance of returning to profitability. The court's oversight ensures that the process is fair and transparent, protecting the interests of all parties involved.Moreover, bankruptcy code chapter 11--- reorganization provides an opportunity for companies to renegotiate contracts and leases, which can significantly reduce operating costs. For instance, a company may be able to lower rent payments on commercial properties or restructure supplier agreements to better align with its current financial capabilities. This flexibility can be instrumental in enabling a company to return to profitability.However, the road to successful bankruptcy code chapter 11--- reorganization is fraught with challenges. Not all companies that file for Chapter 11 will successfully emerge from bankruptcy. It requires a solid business plan, a commitment to change, and often, a significant amount of time to implement the necessary adjustments. Additionally, the stigma associated with bankruptcy can affect a company's reputation, making it more difficult to attract new customers or investors.In conclusion, the concept of bankruptcy code chapter 11--- reorganization serves as a critical lifeline for businesses in financial trouble. It offers a structured approach for companies to regain their footing while protecting the interests of creditors and employees. By understanding the mechanisms and implications of this legal process, stakeholders can better navigate the complexities of corporate finance and contribute to a more resilient economy. Ultimately, the success of a bankruptcy code chapter 11--- reorganization hinges on the ability of the company to adapt, innovate, and effectively manage its resources in the face of adversity.

在金融和商业的世界中,术语破产法第11章——重组在为面临财务困境的公司提供框架方面发挥着至关重要的作用。这项法律条款允许陷入困境的企业在继续运营的同时重组其债务,这对于保护就业和维护经济稳定至关重要。理解破产法第11章——重组的复杂性对企业家、投资者和政策制定者来说都至关重要。当一家公司申请破产法第11章——重组时,并不意味着该公司完全停止营业。相反,这表明公司正在寻求债权人的保护,同时制定一个计划,以便在一定时间内偿还债务。这个过程通常很复杂,需要与各种利益相关者进行仔细的规划和谈判,包括债权人、员工和供应商。最终目标是以更健康、更具生存能力的实体从破产中走出。破产法第11章——重组的一个主要优势是,它允许公司在重组过程中保持对运营的控制。与其他形式的破产(例如第7章,资产被清算)不同,第11章使管理团队能够继续对业务做出决策。这可以导致更有效的扭转战略,因为那些熟悉公司运营的人可以实施恢复所需的变化。重组计划必须得到法院的批准,通常涉及与债权人进行谈判,以减少债务义务或延长付款时间。如果债权人相信公司有可行的机会恢复盈利,他们可能会同意这些条款。法院的监督确保了过程的公平和透明,保护所有相关方的利益。此外,破产法第11章——重组为公司提供了重新谈判合同和租约的机会,这可以显著降低运营成本。例如,一家公司可能能够降低商业物业的租金支付或重组供应商协议,以更好地与其当前的财务能力对齐。这种灵活性对于使公司恢复盈利至关重要。然而,成功进行破产法第11章——重组的道路充满挑战。并不是所有申请第11章的公司都会成功走出破产。它需要一个扎实的商业计划、改变的承诺,以及通常需要大量时间来实施必要的调整。此外,破产相关的污名可能会影响公司的声誉,使其更难吸引新客户或投资者。总之,破产法第11章——重组的概念为财务困难中的企业提供了至关重要的生命线。它为公司重新站稳脚跟提供了结构化的方法,同时保护债权人和员工的利益。通过理解这一法律程序的机制和影响,利益相关者可以更好地驾驭企业金融的复杂性,并为更具弹性的经济做出贡献。最终,破产法第11章——重组的成功取决于公司在逆境中适应、创新和有效管理资源的能力。

相关单词

bankruptcy

bankruptcy详解:怎么读、什么意思、用法

code

code详解:怎么读、什么意思、用法

chapter

chapter详解:怎么读、什么意思、用法

reorganization

reorganization详解:怎么读、什么意思、用法