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debtor in possession

   Also found in: Legal, Acronyms, Wikipedia 0.10 sec.
Debtor in possession
A firm that continues to operate under the Chapter 11 bankruptcy process.
debtor in possession
A company that continues to operate while in Chapter 11 bankruptcy.


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? Mentioned in ? References in periodicals archive
 
Valentine is operating as a debtor in possession since it filed for bankruptcy on June 6, 2005.
Meriturn to acquire Valentine by Solutions - for People, Processes and Paper
Titan Capital has just financed a Debtor in Possession bankruptcy loan to a religious institution in Borough Park.
Titan's prime numbers by Real Estate Weekly
In addition, the debtor in possession may be required to obtain the consent of the bankruptcy court to enter into new leases.
New hazards in commercial leasing by Wikler, Irwin I. / Real Estate Weekly
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