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When a publicly listed company files for Chap 11 bankruptcy. How much time does it have to create an exit plan

Discuss the legalities of Bankruptcy Law

When a publicly listed company files for Chap 11 bankruptcy. How much time does it have to create an exit plan

Postby elton » Wed Oct 26, 2011 4:22 am

When a public company files for Chap 11 bankruptcy, and its stock continues to trade. How much time does the law allows the company to come up with a bankruptcy plan? Where can I find the filings that the company sent to the court judge? What are the different legal steps and timeline, the company needs to go through before it can exit from chapter 11?
elton
 
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When a publicly listed company files for Chap 11 bankruptcy. How much time does it have to create an exit plan

Postby boyce » Wed Oct 26, 2011 4:25 am

The time can vary depending on the complexity of the case. You can read more info by following the 1st link below.

To find the filings, you need to get them from the court that has jurisdiction. Some of those have the info on-line, others don't.

If the case is large enough, there is often a case management company involved, who posts info on-line. One such company is in the 2nd link below
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