The process of executing a business plan for the settlement of business or the seizure of a mortgage on the property of an insolvent corporation through agreements and legal proceedings. These sample sentences are automatically selected from various online information sources to reflect the current use of the word “reorganize.” The views expressed in the examples do not represent the views of Merriam-Webster or its editors. Send us your feedback. LawInfo.com National Directory of Bars and Legal Resources for Consumers Abogado.com The #1 Spanish Legal Website for Consumers FindLaw.com Free and reliable legal information for consumers and legal professionals The FindLaw Legal Dictionary – free access to more than 8260 definitions of legal terms. Search for a definition or browse our legal glossaries. Search the dictionary of legal abbreviations and acronyms for acronyms and/or abbreviations that contain Arrange. “Rearrangement.” Merriam-Webster.com Dictionary, Merriam-Webster, www.merriam-webster.com/dictionary/rearrangement. Retrieved 13 November 2022. At FindLaw.com, we pride ourselves on being the leading source of free legal information and resources on the Internet. Contact us. n. an amendment to an existing court order or judgment that has become necessary because of a change in circumstances since the order or judgment was made or to correct an error.
An application for modification to the court is common after divorce decrees because the courts “retain jurisdiction” over matters concerning children that may require changes, such as the conditions of maintenance and custody of children. Search the American Encyclopedia of Law, Asian Encyclopedia of Law, European Encyclopedia of Law, UK Encyclopedia of Law, or Latin American and Spanish Encyclopedia of Law for Arrange in the American Encyclopedia of Law, Asian Encyclopedia of Law, European Encyclopedia of Law, UK Encyclopedia of Law, or Latin American and Spanish Encyclopedia of Law. Source: Merriam-Webster`s Dictionary of Law ©, 1996. Licensed with Merriam-Webster, Incorporated. You might be interested in the historical significance of this term. Search the Encyclopedia of Law Organizing in Historical Law. n. the implementation of a business plan for the restructuring of a corporation, which may include the transfer of shares between shareholders of two companies as part of an amalgamation. In the event of bankruptcy, a company in great financial difficulty can be given time to reorganize while being protected from creditors by the bankruptcy court. The theory is that if the company is able to get up and running, creditors will eventually come together. (See: Company, Merger, Bankruptcy) SuperLawyers.com list of U.S. lawyers listed as Super Lawyers Copyright © 2022, Thomson Reuters.
All rights reserved. v. change or change by adding, subtracting or replacing. You can amend a law, treaty or written pleading filed in a legal dispute. Change is usually called a change. The legislator amends a law, the contracting parties can amend it and a party to a dispute can modify its own pleading. A contract can only be amended by the parties to the contract. If the contract is in writing, it can only be amended in writing (although an oral contract can strangely be amended orally or in writing). A pleading can be amended before it is served on the other party, by agreement or agreement in court between the parties (usually between their lawyers, in fact) or by court order. The reorganization usually takes place through a judicial sale of the company`s assets.
The buyers then often form a new company, to which virtually all the assets of the old ones are transferred. ConditionsPrivacy PolicyDisclaimerCookiesDo not sell my information.