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Two years later, the company filed for involuntary bankruptcy.
If they didn't file for Chapter 11 now, their debtors could force them into involuntary bankruptcy.
It takes just three unhappy creditors to force a company into an involuntary bankruptcy proceeding.
His clients have filed to have the company placed under involuntary bankruptcy.
"While once he was a very wealthy man, he now is in involuntary bankruptcy," the judge said.
At that point, a creditor could force the company into an involuntary bankruptcy filing, bond specialists said.
The debtor may also choose to convert to another chapter from a 7 or 11 when forced into an involuntary bankruptcy.
He also orchestrated an involuntary bankruptcy filing by several small Ponzi investors.
I need to get that cargo to port in a hurry-before the outfit goes into involuntary bankruptcy.
At that point, Brenatano's went into involuntary bankruptcy.
Ownership has changed multiple times over the years, including one involuntary bankruptcy petition with one of the previous owners.
Drexel's commodities trading subsidiary was placed into involuntary bankruptcy.
Whether Alexander's avoids a filing depends on the trade creditors, who could push it into an involuntary bankruptcy.
Mastro was forced into involuntary bankruptcy in July 2009, and filed for Chapter 7.
The building was placed into involuntary bankruptcy in 2009 and sold at auction to private investors, including Mark Croce.
Stotler was forced into involuntary bankruptcy last week, and a special master has been placed in charge of three of the company's customer funds.
Surely with their first mortgage on the property, the bondholders could have wrested control or forced the casino into an involuntary bankruptcy?
A bondholders group has filed papers to force Farley Inc. into involuntary bankruptcy.
But the high rates have reflected the troubles of Tucson Electric, which faces an involuntary bankruptcy petition.
The company said it had hoped to reach an out-of-court settlement with the bondholders until they brought the involuntary bankruptcy proceeding.
Mr. Ross said he believed that the bondholders' petition for involuntary bankruptcy would become moot.
With involuntary bankruptcy, creditors, rather than the debtor, file the petition in bankruptcy.
The dealership entered involuntary bankruptcy in 1920, and investors in the company accused Shea of fraud.
Creditors had petitioned for involuntary bankruptcy and efforts to have the petition dismissed had failed.
Whether MGM could avoid voluntary or involuntary bankruptcy had been a topic of much discussion in the film industry.