Examlex
The market share variance is more controllable by the marketing department than the industry volume variance.
Discharging Debts
The process of legally eliminating the obligation to pay back certain debts, often under bankruptcy proceedings.
Order Of Relief
An Order of Relief is a court order in the context of bankruptcy that provides the debtor temporary protection from creditors, lawsuits, and collections.
Secured Creditor Claims
Claims by creditors who have the right to take specific assets of the debtor if the debt is not paid, due to some form of collateral or security interest.
Chapter 11 Reorganizations
A provision under U.S. bankruptcy law that allows businesses to restructure their debts while continuing their operations.
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