Ad
related to: chapter 11 illinois
Search results
Results from the Tech24 Deals Content Network
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]
Bankruptcy under Chapter 11, Chapter 12, or Chapter 13 is a more complex reorganization and involves allowing the debtor to keep some or all of his or her property and to use future earnings to pay off creditors. Consumers usually file chapter 7 or chapter 13. Chapter 11 filings by individuals are allowed, but are rare.
[1] [2] The compilation organizes the general Acts of Illinois into 67 chapters arranged within 9 major topic areas. [3] The ILCS took effect in 1993, replacing the previous numbering scheme generally known as the Illinois Revised Statutes (Ill. Rev. Stat.), the latest of which had been adopted in 1874 but appended by private publishers since. [3]
Chapter 9, Title 11, United States Code is a chapter of the United States Bankruptcy Code, available exclusively to municipalities and assisting them in the restructuring of their debt. On July 18, 2013, Detroit, Michigan became the largest city in the history of the United States to file for Chapter 9 bankruptcy protection.
Illinois ranks seventh out of the 11 states with the most miles of toll roads, at 282.1 miles. Chicago ranks fourth in most expensive toll roads in America by the mile, with the Chicago Skyway charging 51.2 cents per mile. [188] Illinois also has the 11th highest gasoline tax by state, at 37.5 cents per gallon. [189]
Thomas Ford (December 5, 1800 – November 3, 1850) was a lawyer, judge, author and the eighth Governor of Illinois. [1] The first Illinois governor to be raised in the state, he served from 1842 to 1846 and became known for restoring the state's solvency and reducing geographic sectionalism, as well as for leading the legislature despite his lack of prior political experience. [2]
Celotex emerged from Chapter 11 in 1996. [ 3 ] The wallboard business was sold to BPB plc , its roofing products business to CertainTeed in 2000, its fiberboard products division along with the Celotex brand to Knight Industries LLC in 2001, [ 2 ] and its rigid foam insulation division to the Dow Chemical Company in 2001. [ 6 ]
Scott's Law, 625 ILCS 5/11-907(c), is a mandatory move over law in the state of Illinois. [1] The law requires that all motorists move over when encountering stopped or disabled emergency vehicles displaying warning lights. [2]
Ad
related to: chapter 11 illinois