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Chapter 11 |
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Chapter 111. In NAFTA, this portion deals with foreign direct investment. Most controversially, it includes a provision for a firm from one member country that has invested in another to bring action against a unit of government in that country if it has acted to reduce the value of its investment. 2. A portion of U.S. bankruptcy law under which a firm can file for protection while it reorganizes.Chapter 11In the US a company can file for protection under Chapter 11 of the country's bankruptcy laws. The company continues to operate under existing management while working with its creditors to reorganise the business. Note that there are different Chapters, with different implications.Similar MatchesSubchapter MSubchapter MAn IRS regulation dealing with investment companies and real estate investment trusts that avoid double taxation by distributing interest, dividends, and capital gains directly to shareholders, who are taxed individually. Chapter 11 ProceedingsChapter 11 ProceedingsProvisions of the Bankruptcy Reform Act under which the debtor firm is reorganized by a court because the estimated value of the reorganized firm exceeds the expected proceeds from its liquidation. Subchapter SSubchapter SIRS regulation that gives a corporation with 35 or fewer shareholders the option of being taxed as a partnership to escape corporate income taxes. |
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