Voyager Digital: A Breakdown of their Chapter 11 Filing

IntelligenceJuly 8, 2022, 12:25PM EDT
UPDATED: July 8, 2022, 1:12PM EDT
Voyager Digital: A Breakdown of their Chapter 11 Filing
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Chapter 11 is a form of bankruptcy colloquially referred to as restructuring or reorganization. 

Chapter 11 enables the debtors and creditors to assemble a plan to improve business operations and meet creditor claims. For most Chapter 11 cases, the business remains in operation and is different from a liquidation bankruptcy (Chapter 7). 

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