reorganization is the altering of a firm's capital, organizational, and/or management structure following a plan worked out during bankruptcy proceedings under Chapter 11. The objectives of a reorganization are to eliminate the cause of the failure, settle with creditors, and allow the firm to remain in business.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). reorganization. Retrieved September 22, 2026, from http://smartdefine.org/reorganization/definitions/1162236 |
| Chicago | Barry Goldsmith. 2010. "reorganization" http://smartdefine.org/reorganization/definitions/1162236 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, reorganization, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/reorganization/definitions/1162236>. |
| MLA | Barry Goldsmith. "reorganization" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/reorganization/definitions/1162236> |