It's Chapter 11 ,I think.Chapter 7 - everything is wiped out,the company doesn't function anymore.Chapter 11 - still legal to trade and work is going on normal,there's still some chance to recover,to be profitable.I think that's the difference.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.