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
Get the Chapter 11 mug.A phrase made famous by the book "The Kite Runner". In the seventh chapter, a major character gets buttraped.
by FONtheCON January 14, 2008
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Choptart
• Choption
• chopt
• Choptimus Prime
• Choptober
• Choptank
• ChopTard
• Choptastic
• chopter
• choptering
by jonvella June 30, 2017
Get the chop city mug.by dizguy July 10, 2022
Get the Chop Life mug.When you backhand chop your friend in the chest and shout "Woooooooooooooo!" ; a game played amongst friends sort of like open chest, only funnier.
Ex - "Gaybe got ric flair chopped by Colleen, twice!"
Ex 2 - "That fool got a mean ric flair chop earlier."
Ex 2 - "That fool got a mean ric flair chop earlier."
by adept M.C. January 6, 2009
Get the ric flair chop mug.by Adam Kerr December 10, 2008
Get the chokter mug.When you buy a bag of chips thinking that it will be full of chips but when you open the bag it's barely full.
I bought a bag of chips out of the vending machine and there was only 5 chips in the bag, what a Chiptease!
by catrap August 4, 2011
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