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

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