reorganization

reorganization
re·or·ga·ni·za·tion /ˌrē-ˌȯr-gə-nə-'zā-shən/ n
1: the act of reorganizing: the state of being reorganized
2 a: the rehabilitation of the finances of a business in accordance with a plan approved by a bankruptcy court under the provisions of chapter 11 of the Bankruptcy Code
b: any of various procedures (as recapitalization or merger) that affect the tax structure of a corporation under the Internal Revenue Code and often produce favorable tax treatment
A reorganization /'ā-/: a reorganization that consists of a merger or consolidation which complies with the requirements of applicable state statute
B reorganization /'bē-/: a reorganization involving the acquisition by one corporation of the stock of another corporation in exchange solely for all or some of the voting stock of the acquiring corporation or its parent either of which has control of the acquired corporation immediately after the acquisition
C reorganization /'sē-/: a reorganization involving the acquisition by one corporation of substantially all of the property of another corporation in exchange solely for all or part of the voting stock of the acquiring corporation or its parent regardless of any liability assumed by the acquiring corporation as a result of the acquisition
D reorganization /'dē-/: a reorganization involving a transfer by a corporation of all or part of its assets to another corporation that results in control of the other corporation being immediately placed in the transferor or one or more of its shareholders or both but under which the stock or securities of the other corporation must be distributed in a qualified transaction see also spin-off, split-off, split-up
E reorganization /'ē-/: a reorganization that consists of a recapitalization
F reorganization /'ef-/: a reorganization consisting merely of a change in the identity, form, or place of organization of a corporation
G reorganization /'jē-/: a reorganization involving a transfer by a corporation of all or part of its assets to another corporation under a bankruptcy or similar proceeding provided that the stock or securities of the other corporation are distributed in a qualified transaction
3: alteration of the existing structure of governmental units (as bureaus or legislative committees) and the lines of control and authority between them usu. to promote greater efficiency and responsibility

Merriam-Webster’s Dictionary of Law. . 1996.

reorganization
I noun alteration, amelioration, betterment, change, conversion, improvement, melioration, overhauling, readjustment, rearrangement, rebuilding, recasting, reconstitution, reconstruction, rectification, reestablishment, reformation, rehabilitation, remaking, remodeling, restoration, restructuring, revising, revision, transformation associated concepts: bankruptcy, corporate reorganization II index development (progression), progress, reclassification, reconversion, rehabilitation, repair, replacement

Burton's Legal Thesaurus. . 2006


reorganization
1) The implementation of a business plan to restructure a corporation, which may include transfers of stock between shareholders of two corporations in a merger.
2) In bankruptcy, a corporation in deep financial trouble may be given time to restructure itself while protected from creditors by the bankruptcy court. The theory is that if the business is able to get on its feet and either survive or be able to sell itself for a good price, the creditors will eventually collect. (See also: Chapter 11 bankruptcy)
Category: Bankruptcy, Foreclosure & Debt → Bankruptcy
Category: Business, LLCs & Corporations

Nolo’s Plain-English Law Dictionary. . 2009.

reorganization
USA
The restructuring of a corporation with continuing operations. The reorganization can be done in different ways such as changing the constitution of the organization, capital structure, debt financing, ownership or management.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


reorganization
1 n. In bankruptcy, the restructuring of a business that permits the continuation of the business even after partial discharge of debts.
2 n. In tax law, a corporate restructuring that involves merger with another corporation, or acquisition of one corporation by another.
3 v. The act of organizing in a new fashion.

Webster's New World Law Dictionary. . 2000.


reorganization
The process of carrying out, through agreements and legal proceedings, a business plan for winding up the affairs of, or foreclosing a mortgage upon, the property of a corporation that has become insolvent.

Dictionary from West's Encyclopedia of American Law. 2005.


reorganization
The process of carrying out, through agreements and legal proceedings, a business plan for winding up the affairs of, or foreclosing a mortgage upon, the property of a corporation that has become insolvent.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

reorganization
n.
   the implementation of a business plan to restructure a corporation, which may include transfers of stock between shareholders of two corporations in a merger. In bankruptcy, a corporation in deep financial trouble may be given time to reorganize while being protected from creditors by the bankruptcy court. The theory is that if the business is able to get on its feet the creditors will eventually collect.
   See also: bankruptcy, corporation, merger

Law dictionary. . 2013.

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Look at other dictionaries:

  • Reorganization — Re*or gan*i*za tion ( gan ? z? sh?n), n. The act of reorganizing; a reorganized existence; as, reorganization of the troops. [1913 Webster] …   The Collaborative International Dictionary of English

  • reorganization — the resolving of a Chapter 11 bankruptcy by the emergence of the debtor as a viable business. Generally, the company agrees with creditors on a plan for payment of their claims (plan of reorganization) and emerges from Chapter 11 after the plan… …   Glossary of Bankruptcy

  • reorganization — 1813, from RE (Cf. re ) + ORGANIZATION (Cf. organization) …   Etymology dictionary

  • reorganization — [rē ôr΄gə ni zā′shən] n. 1. a reorganizing or being reorganized 2. Finance a thorough reconstruction of a business corporation, comprising a considerable change in capital structure, as effected after, or in anticipation of, a failure and… …   English World dictionary

  • Reorganization — Creating a plan to restructure a debtor s business and restore its financial health. The New York Times Financial Glossary * * * reorganization re‧or‧gan‧i‧za‧tion [riːˌɔːgənaɪˈzeɪʆn ǁ ˌɔːrgənə ] also reorganisation noun [countable, uncountable] …   Financial and business terms

  • reorganization — Creation of a plan to restructure a debtor s business and restore its financial health. Bloomberg Financial Dictionary See also: reorg; corporate action * * * reorganization re‧or‧gan‧i‧za‧tion [riːˌɔːgənaɪˈzeɪʆn ǁ ˌɔːrgənə ] also reorganisation …   Financial and business terms

  • reorganization — Act or process of organizing again or anew. People ex rel. Barrett v. Halsted Street State Bank, 295 IlLApp. 193, 14 N.E.2d 872, 876. General term describing corporate amalgamations or readjustments occurring, for example, when one corporation… …   Black's law dictionary

  • reorganization — noun ADJECTIVE ▪ fundamental, major, massive, radical ▪ financial, structural ▪ corporate, internal …   Collocations dictionary

  • reorganization — UK [rɪˌɔː(r)ɡənɪˈzeɪʃ(ə)n] / US [rɪˌɔrɡənɪˈzeɪʃ(ə)n] noun [countable/uncountable] Word forms reorganization : singular reorganization plural reorganizations the process of organizing something again in a different way reorganization of: a costly… …   English dictionary

  • reorganization — noun 1. the imposition of a new organization; organizing differently (often involving extensive and drastic changes) a committee was appointed to oversee the reorganization of the curriculum top officials were forced out in the cabinet shakeup •… …   Useful english dictionary

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