词汇 | debtor in possession |
释义 | `1`debtor in possession`2` "LAW.COM Dictionary": n. in bankruptcy proceedings when a debtor has filed for the right to submit a plan for reorganization or refinancing under Chapter 11, and the debtor is allowed to continue to manage his/her/its business without an appointed trustee, that debtor is called a "debtor in possession." See also: bankruptcy |
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