Reorganization

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Reorganization

Creation of a plan to restructure a debtor's business and restore its financial health.

Reorganization

The act or process of changing the terms on the assets and/or liabilities of a company. That is, a company may consolidate its debts, significantly change the size and scope of its operations, and take other measures to reduce the strain of continuing operations. Most companies reorganize either as part of a bankruptcy or as an effort to avoid it. If the company is reorganizing as part of a corporate bankruptcy, it is said to be in receivership.

reorganization

The restatement of assets to current market value along with a restructuring of liabilities and equity to reflect the reduction in asset values and negotiations with creditors. Reorganization is used as an attempt to keep a financially troubled or bankrupt firm viable. See also Chapter 11.
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The fund has ceased purchasing its Common Shares as a result of the Board's determination to reorganize the fund as an open-end fund.
AIM Select Real Estate Income Fund Board of Trustees Declares Distributions for August and September 2006, Board of Trustees Decides to Open-End Fund
With Apple now starting to bounce as well, it is now possible that the Nasdaq will manage to reorganize itself and march higher.
Zacks.com announces that Gregory Spear highlights the following stocks: Apple and Google
With the closing of unprofitable stores already in process and the stabilizing of our trade credit, we expect to be well positioned to reorganize our business and emerge from Chapter 11 with a financially sound and competitive company.
ORMOND SHOPS FINALIZES CREDIT FACILITY
Since then, the company greatly reduced its size and cost of operations, retaining the core engineering team with the intent to reorganize and bring its innovations to market.
IMT EMERGES FROM CHAPTER 11 BANKRUPTCY
In order to successfully reorganize, ECG received additional capital investment from its largest creditor, who restructured its existing debentures, and issued an additional 3.
Epicus Communications Group, Inc. Emerges from Chapter 11; Company Implements Reverse Split and Trades Under New Symbol, EPCG

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