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- DictionaryRe·or·gan·i·za·tion/ˌrēˌôrɡənəˈzāSH(ə)n/
noun
- 1. the action or process of changing the way in which something is organized: "in light of the current reorganization of the school system, no one is sure whether the program will continue"
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Learn the meaning of reorganization as the act or process of reorganizing, especially the financial reconstruction of a business concern. See examples, word history, legal and kids definitions, and related entries.
- Drastic Changes
- Supervised Reorganization
- Chapter 11 vs. Chapter 7
- Who Loses During Reorganization?
- Structural Reorganization
Reorganization can include a change in the structure or ownership of a company through a merger or consolidation, spinoff acquisition, transfer, recapitalization, a change in name, or a change in management. This part of a reorganization is known as restructuring. Not all reorganizations are overseen by a bankruptcy court. The management of an unpr...
When supervised by a court during bankruptcy proceedings, a reorganizationfocuses on restructuring a company's finances. The company is temporarily protected from claims by creditors for full repayment of outstanding debts. Once the bankruptcy court approves the reorganization plan, the company will restructure its finances, operations, management ...
U.S. bankruptcy law gives public companies the option of reorganizing rather than liquidating. Through the terms of Chapter 11bankruptcy, firms can renegotiate their debts to try to get better terms. The business continues operating and works toward repaying its debts. The process is complex and expensive. Firms that have no hope of reorganization ...
A court-supervised reorganization is typically bad for shareholders and creditors, who may lose part or all of their investments. Even if the company emerges successfully from the reorganization, it may issue new shares, which will wipe out the previous shareholders. If the reorganization is unsuccessful, the company will liquidate and sell off any...
A reorganization by a company that is in trouble but not yet in bankruptcy is more likely to be good news for shareholders. Its focus is to improve company performance, not stave off creditors. It often follows the entrance of a new CEO. In some cases, the second type of reorganization is a precursor to the first. If the company’s attempt at reorga...
- Will Kenton
Reorganization is the act of organizing something again in order to improve it, or a change in the way a company or its finances are organized after bankruptcy. Learn more about the meaning, usage and examples of reorganization in English and Business English.
Reorganization is the act or process of reorganizing, or changing the structure or function of something. It can also refer to a reconstruction of a business corporation, often following a failure and bankruptcy. See synonyms, origin, and examples of reorganization in sentences.
reorganization: 1 n 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” Synonyms: reorganisation , shake-up , shakeup Type of: organisation , organization the act of organizing a business or an activity related ...
Apr 16, 2024 · Reorganization is the act of organizing or the state of being organized again, or a thorough reconstruction of a business corporation. Learn the pronunciation, synonyms, and usage of reorganization with examples from various sources.
the act or process of changing the way in which something is organized or done. the reorganization of the school system
