To: AGreatPer
Delta Going Under within 48 hours
I don't quite think that Chapter 11 (Bankruptcy) is equivalent to Chapter 7 (Liquidation...or Dissolution of the Company)
5 posted on
09/12/2005 3:20:20 PM PDT by
ExcursionGuy84
("I will Declare the Beauty of The LORD.")
To: ExcursionGuy84; AGreatPer
I don't quite think that Chapter 11 (Bankruptcy) is equivalent to Chapter 7 No, it isn't. Chapter 11 provides protection from creditors during restructuring.
27 posted on
09/12/2005 3:33:32 PM PDT by
Bloody Sam Roberts
("Gentlemen. You can't fight in here. This is the War Room!")
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