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rjs1

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rjs1

Re: None

Friday, 06/01/2012 12:37:13 PM

Friday, June 01, 2012 12:37:13 PM

Post# of 83044
reorganization plan business definition

A plan filed with a bankruptcy court judge by a company in Chapter 11 proceedings in which the disbursement of assets is stipulated. The plan must be approved by the firm's creditors and by the court. A reorganization plan results in new securities being given to creditors in trade for old securities.
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