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1810947sccDoc 938Filed 12/10/18 Entered 12/10/18 13:51:16 Pg 1 of 39Main DocumentUNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW Yorkie re: NINE WEST HOLDINGS, INC., et al.,1 Debtors.) ))))))Chapter
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Chapter 11 of the US Bankruptcy Code is a form of bankruptcy that involves reorganization of a debtor's business affairs, debts, and assets.
Businesses or individuals facing financial difficulties and seeking to reorganize their debts may file for Chapter 11 bankruptcy.
To file for Chapter 11 bankruptcy, a petition must be submitted to the bankruptcy court outlining the debtor's financial situation and proposed restructuring plan.
The purpose of Chapter 11 bankruptcy is to allow businesses to continue operating while restructuring their debts under court supervision.
Debtors must report detailed financial information, assets, liabilities, income, expenses, proposed repayment plans, and other relevant data.
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