How to Oust Deadweight Business Partners When You File for Chapter 11

How to Oust Deadweight Business Partners When You File for Chapter 11

Chapter 11 reorganization is primarily known as a tool to reorganize debts. Although individuals may opt to reorganize their debts through Chapter 11 under certain circumstances, Chapter 11 is more typically used to reorganize business debts. For a business, Chapter 11 is most often used to restructure debts and slow creditor actions. However, Chapter 11 has less apparent uses, one of which is

All access premium subscription

Club Industry Premium Content

This content is for Club Industry Premium Subscribers.

You may already have registered to be a Freemium subscriber to Club Industry, so why not upgrade to become a Premium subscriber? By doing so, you get access to even more of Club Industry's content and you receive special discounts that will add up to a lot more than the annual fee of $69. A premium subscription includes:

• Exclusive news, features and how-to columns

• Online education videos from our Master Class and Executive Insights series, featuring top consultants and fitness executives

• A $150 discount on Club Industry's report "Get Prospects to Your Club: Lead Generation Tips for Health Club Operators"

All of this, and more to come, for an annual cost of $69.

Current subscribers should log-in to access this content.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.