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How Does Chapter 11 Affect Shareholders in California?

How Does Chapter 11 Affect Shareholders in California?

Chapter 11 is a form of bankruptcy that, though occasionally used by individuals, is more commonly filed by corporations, partnerships, or limited liability companies (LLCs) in California. The major benefit of Chapter 11 over Chapter 7, which can also be filed by...
4 of the Largest California Companies to File Chapter 11

4 of the Largest California Companies to File Chapter 11

Sunny, star-studded California is an iconic piece of the American dream, a place where entrepreneurs come to transform ideas into realities. While some of the world’s most successful businesses call Hollywood and Silicon Valley home, other companies —...