Talk:Chapter 11, Title 11, United States Code
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Would be nice if this were reviewed by a bankruptcy lawyer! In particular I'd like to know how often the owners of a business end up with nothing at the end of Chapter 11.
If current year stats are going to be given, the actual stats date should also be provided. RedWolf 06:36, Nov 22, 2003 (UTC)
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[edit] Chapter numbers
This is chapter 11 and I see articles for 7 and 13, but why is there no chapter 9?? Georgia guy 17:42, 26 May 2005 (UTC)
- If you've got an idea for an article on Chapter 9 then by all means, please create one! (This coming from a practitioner that has never seen a real live one but would like to) Flawiki 01:50, 27 May 2005 (UTC)
[edit] Contrast with Europe
Request: I'd love for a knowledgeable person to compare and contrast Chapter 11 with the bankruptcy practices in Europe. I believe I've heard that there have been protests to the WTO that the US is sheltering its businesses from fair competition because Chapter 11 is allegedly excessively lenient compared to European bankruptcy law. Tempshill 20:57, 31 January 2006 (UTC)
[edit] Airline industry
"All airline analysts agree that the United States airline industry's unprofitability (as a whole) is due to excess seat capacity, and that the solution is for at least two major airlines to be allowed to perish. However, the rules for a Chapter 11 bankruptcy make this an unlikely outcome."
I have decided to delete these sentences. Saying that all airline analysts agree on this is simply untrue. Many analysts says that it is some legacy airline's high costs compared with newer Low Coast Airlines that contribute to the industry's profit problems.
[edit] Bankruptcy Wide Wikipedia Reorganization Suggestion
Because there is substantial overlap between all of the bankruptcy chapters, perhaps we could place the relevant parts of the general provisions (essentially everything in chapters 1, 2, 3, and 5) into the main U.S. Bankruptcy article, and put the specific provisions about each chapter (11, 13, 15, and 9) into their own respective sections. Is there support for this? LH 05:14, 2 April 2007 (UTC)
[edit] Capitalization
I checked the wikipedia style manual and I'm still uncertain. In legal writing the word "chapter" is not capitalized in reference to bankruptcies. It's "the company is restructuring under chapter 11" not "the company is restructuring under Chapter 11." However, in some business writing the C is capitalized. That said, can someone point me, or others, to a style reference. If one doesn't exist, perhaps one should be created.LH 02:05, 6 July 2007 (UTC)
[edit] The statistics for Business chapter 13 filings are misleading
I briefly scanned the source that was cited for the bankruptcy filing statistics in 2003 and 2004. Although the source does use the term Business filing and lists the quoted numbers for Chapter 13 business debtors, the fact is that businesses are not eligible to file for bankruptcy protection under Chapter 13. Chapter 13 is solely for individuals. I couldn't figure out what Business filings meant in the context of the source document, but I think that the Chapter 13 statistics to business filings should be removed as they incorrectly imply that a business debtor can file for bankruptcy protection under Chapter 13. Please clarify the statistics for me or correct me if I'm wrong. —Preceding unsigned comment added by 149.68.76.226 (talk) 02:25, 15 October 2007 (UTC)
[edit] Merge from Section 1110
I don't think that one section of Chapter 11 needs its own article, so therefore I propose that the Section 1110 page be merged here. Any thoughts? --Eastlaw (talk) 10:10, 10 December 2007 (UTC)
