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Wednesday, January 30, 2019 9:42:17 PM
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Chapter 11 - Bankruptcy Basics
This chapter of the Bankruptcy Code generally provides for reorganization, usually involving a corporation or partnership. A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11.
https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-11-bankruptcy-basics
The adherence or sequence of look alike sound alike IMO shares similarities of CEOs proposed plans.
Good luck to all
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