Quote:
Originally Posted by Shaggy
There are several types of bankruptcy filings. Chapter 11 is just one of them, and not necessarily the end of the company. It basically means they're having financial problems and are trying to pay off debt. A Chapter 7 is the one that essentially liquidation of the company.
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Thanks for the clarification. This line
"It is not clear yet whether iRex, inventor of eInk technology and one of the first producers of e-reading devices, will resume business later on, or that the company will file for bankruptcy."
from
https://www.mobileread.com/forums/showthread.php?t=86396
seemed to suggest the a Chapter 11 filing was not a form of bankruptcy filing.