{"iri":"https://lexicon.financial/ext/concept/Chapter11","label":"Chapter 11","definition":"A reorganization bankruptcy under Title 11 of the U.S. Bankruptcy Code: the debtor (typically a business) keeps operating while it negotiates a court-confirmed plan to restructure debts and emerge as a going concern. Used by mid-to-large companies and complex small businesses; consumer-grade Chapter 11 (Subchapter V) is also available for small-business debtors.","license":"https://spdx.org/licenses/MIT","source":"ext","source_url":"https://lexicon.financial/ext/"}