Examlex
A rule that establishes maximum length of work shifts for air traffic controllers demonstrates an agency imposing a regulation.
Reorganization
Involves restructuring the legal, ownership, operational, or other structures of a company to make it more profitable or better organized for its present needs.
Unperfected Security Interest
A claim or lien on property or assets that has not been formally registered or publicized, making it vulnerable to third-party claims.
Bankruptcy Petition
A formal request filed in a bankruptcy court for protection from creditors, initiating the bankruptcy process.
Security Interest
A legal claim or right granted over assets as collateral to secure the performance of an obligation, usually repayment of a loan.
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