Examlex
If companies place antivirus software on all of their client PCs,this will stop almost all virus infections.
Priority Debtors
Creditors that are given precedence over other creditors for repayment in the event of a debtor's bankruptcy or liquidation.
Repayment Plan
A strategy agreed upon between a creditor and a debtor to pay back an outstanding debt within a specified timeline.
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.
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