Contrary to pouplar belief, Chapter 11 is not bankruptcy... It is Bankruptcy PROTECTION. Companies file Chapter 11 in order to restructure while protecting themselves from being liquidated by creditors.
Chapter 7 is liquidation with a cessation of all business activities.
Chapter 7 is liquidation with a cessation of all business activities.
US Airways Filed for Chapter 11 again. If the judge doesn't cancel the employee contracts, they'll be in Chapter 7 soon.
by Dohmnuill December 30, 2004
by UwUboi420 October 27, 2019
Feburary 11 is National slap your tall friend in the face day. This is for people who are short and can’t reach their tall friends face any day.
Short: yo dude get on my level here
Tall: why?
Short: it’s February 11 national slap your tall friend in the face day
Tall: oh shit it is?!
Tall: why?
Short: it’s February 11 national slap your tall friend in the face day
Tall: oh shit it is?!
by Yourfriendlyneighbourhoodshort October 26, 2019
by cheeks :3 August 05, 2020
An expression of total non-surprise at the revelation of something that is supposedly new and/or exciting, but is actually old hat. Often used in a sarcastic context.
by Some Guy (2q38f7bdo73h2sdlh) September 14, 2005
by PIGGA October 17, 2019
Police radio code meaning "Officer needs Help. Extreme Emergency." This code elicits response from all nearby units.
by wheeeeeeeeeeee May 08, 2008