Section 1101 - Definitions for This Chapter
Title 11 of the United States Code - Bankruptcy
REORGANIZATION – CHAPTER 11
Definitions for This Chapter - Section 1101
11 USCS § 1101
In this chapter [11 USCS §§ 1101 et seq.]--
(1) "debtor in possession" means debtor except when a person that has qualified under section 322 of this title [11 USCS § 322] is serving as trustee in the case;
(2) "substantial consummation" means--
(A) transfer of all or substantially all of the property proposed by the plan to be transferred;
(B) assumption by the debtor or by the successor to the debtor under the plan of the business or of the management of all or substantially all of the property dealt with by the plan; and
(C) commencement of distribution under the plan.
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