Plan of Reorganization

Plan of Reorganization defined: Plan of reorganization is a plan for reorganizing the operations of a company that is in bankruptcy. A plan of reorganization is a proposal to lift the company out of bankruptcy and may be voted on by the creditors of the company.

Above is a definition for “Plan of Reorganization” from PrivCo’s Private Company Knowledge Bank, the definitive online and e-book guide to private companies and private company deals.

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