reorganization plan. Bankruptcy. A plan of restructuring submitted by a corporation for approval by the court in a Chapter 11 case. See CHAPTER11. [Cases: Bankruptcy 3531–3570. C.J.S. Bankruptcy §§ 381–411.]
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substantial consummation of reorganization plan 重组计划的实质性完成 指下述事项的发生：１根据计划规定，对计划所涉的全部财产作了转让、出售或其他处置；２债务人或以实施重组计划为目的的公司，承担了全部计划所涉的财产的商务运作及管理；３根据计划，开始向债权人及股东分配计划中特定的现金和有价证券。
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bankruptcy plan. A detailed program of action formulated by a debtor or its creditors to govern the debtor’s rehabilitation, continued operation or liquidation, and payment of debts. • The bankruptcy court must approve the plan before it is implemented. — Often shortened to plan. — Also termed plan of reorganization (for Chapter 11); plan of
Federal Labor Relations Authority. An agency that protects the right of federal employees to organize, engage in collective bargaining, and select their own union representatives. • It was established under Reorganization Plan No. 2 of 1978 and began operating in 1979. 5 USCA §§ 7101–7135. — Abbr. FLRA.
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primary committee. Bankruptcy. A group of creditors organized to help the debtor draw up a reorganization plan. [Cases: Bankruptcy 3024. C.J.S. Bankruptcy §§ 193, 373.]
strict priority 绝对优先权 主要规定在破产法中，其保证债权人有权利在债务人清偿不能时，将股东完全排除在重整计划〔reorganization plan〕之外。
Merit Systems Protection Board. The independent federal agency that oversees personnel practices of the federal government and hears and decides appeals from adverse personnel actions taken against federal employees. • It has five regional offices and five field offices. Its functions were transferred from the former Civil Service Commission under Reorganization Plan No. 2 of
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Office of Personnel Management. The independent federal agency that administers the personnel system of the government by helping agencies recruit and evaluate employees; manage retirement and health-benefit systems; coordinate temporary assignments; conduct investigations; and develop leadership in the federal executive service. • The agency was established by Reorganization Plan No. 2 of 1978 and given
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absolute-priority rule. Bankruptcy. The rule that a confirmable reorganization plan must provide for full payment to a class of dissenting unsecured creditors before a junior class of claimants will be allowed to receive or retain anything under the plan. • Some jurisdictions recognize an exception to this rule when a junior class member, usu. a
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Council of Economic Advisers. A three-member council in the Executive Office of the President responsible for analyzing the national economy and advising the President on economic matters. • Created by the Employment Act of 1946, it now functions under Reorganization Plan No. 9 of 1953. Its members are appointed by the Pres-ident with the advice
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