Examlex
The first step in the decision-making process is to identify the alternatives.
Legal Entities
A legal entity is an individual, company, or organization that has legal rights and obligations.
Chapter 11 Reorganizations
A form of bankruptcy that involves the reorganization of a debtor's business affairs and assets, typically allowing companies to continue operations while repaying creditors.
Confirmation Hearing
A process in the U.S. legal system where a legislative body, often the Senate, reviews and approves or rejects a presidential appointment to a governmental position or judiciary.
Chapter 12 Plan
A bankruptcy provision for family farmers and fishermen allowing them to restructure debts to pay them over time.
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