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Old 06-09-2010, 06:33 PM   #13
kjk
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Posts: 3,408
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Join Date: Oct 2008
Device: never enough
Is Chapter 11 the same thing in the Netherlands as it is in the States? Chapter 11 means you have time to re-organize/re-group (i.e. protection from creditors) while Chapter 7 is basically last one to leave, turn off the lights? Or did they file for Chapter 11 protection here in the States?
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