$FTT 🫡 Chapter 11 Reorganization Plan of the United States, also known as Chapter 11 of the United States Bankruptcy Code, is a legal procedure designed to help companies address financial issues by restructuring their business and capital structure instead of liquidating. This procedure allows companies to reorganize their business under the protection of the court before meeting the claims of creditors, with the goal of creating a sustainable and financially healthier enterprise‌.

‌🫡 Chapter 11 Reorganization Plan of the United States, also known as Chapter 11 of the Bankruptcy Code, is an important chapter in U.S. bankruptcy law, primarily used to assist businesses in restructuring and delaying debt repayment in order to increase their chances of revival. The main purpose of this chapter is to give companies time to restructure their business and/or capital structure before meeting the claims of creditors‌. #ftx