Proceedings
131Chapter 11 Proceedings — Provisions of the Bankruptcy Reform Act ( bankruptcy) 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. Bloomberg Financial Dictionary …
132liquidation proceedings — ( interim payment) Euroclear Clearing and Settlement glossary liquidation / liquidating dividend Euroclear Clearing and Settlement glossary Distribution of cash, assets, or both. Debt may be paid in order of priority based on preferred claims to… …
