Examlex
The principle of original horizontality is based on the fact that:
Debtor Relief
Legal measures or frameworks aimed at providing assistance or relief to those who are unable to pay their debts.
1994 Amendments
Refers to specific modifications made to legislation or legal documents in the year 1994.
Chapter 11
A provision in the U.S. Bankruptcy Code that allows businesses and individuals to reorganize their debts in order to pay back creditors over time.
Trustee
A person or firm that holds and administers property or assets for the benefit of a third party under the terms of a trust agreement.
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