Kelly Gordon Rogers
Trial - The presentation of evidence in court to a trier of facts who applies the applicable law to those facts and then decides the case Kelly Gordon Rogers
Judge pro tem - Temporary judge.
Default - A failure of a party to respond in a timely manner to a pleading; a failure to appear for trial.
Kelly Gordon Rogers: Chapter 11 - reorganization proceedings, generally for business entities. The debtor maintains control of the business in Chapter 11, unless the Court appoints a trustee.
Kelly Gordon Rogers
Ï»¿Action - Proceeding taken in a court of law. Synonymous with case, suit lawsuit.
Interests - the equity interests of stockholders are often referred to in bankruptcy documents merely as "interests." Kelly Gordon Rogers
Opinion, per curiam - Phrase used to distinguish an opinion of the whole court from an opinion written by only one judge.
Kelly Gordon Rogers Prepackaged bankruptcy - a situation where a company and its creditors agree to a plan of reorganization before the company files a bankruptcy petition. In a true prepackaged bankruptcy, a plan of reorganization is circulated and approved by creditors before the petition is filed. The court then confirms the plan and the company emerges from bankruptcy quickly.
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