Path: utzoo!attcan!utgpu!jarvis.csri.toronto.edu!clyde.concordia.ca!uunet!ingr!b11!jeff
From: jeff@b11.ingr.com (Jeff Kilpatrick)
Newsgroups: comp.dcom.modems
Subject: Re: Anchor modem power supply
Message-ID: <6845@b11.ingr.com>
Date: 14 Dec 89 23:05:37 GMT
References: <cZRH5aq00WBL00tF1M@andrew.cmu.edu> <475d5401.f69e@phobos.UUCP>
Organization: Intergraph Corp. Huntsville, AL
Lines: 9

In article <475d5401.f69e@phobos.UUCP>, ellisond@phobos.UUCP (Dell Ellison) writes:
> 
> She said that, No, they were not bankrupt and they were definitely doing business.
> I did however, get out of her that they 'are reorganizing under Chapter 11'.
> 
> I do understand that this isn't as bad as Chapter 13, but what is it EXACTLY??

  Chapter 11 is protection from creditors, to give a company time to
reorganize.  Chapter 13 is closing down(?).