"Sometimes after a reorganization, a company will issue new stock that is considered different from the pre-reorganization stock. If this occurs, investors will need to know whether the company has given its shareholders the opportunity to exchange the old stock for new stock, because the old stock will usually be considered useless when the new stock is issued.

Read more: What happSometimes after a reorganization, a company will issue new stock that is considered different from the pre-reorganization stock. If this occurs, investors will need to know whether the company has given its shareholders the opportunity to exchange the old stock for new stock, because the old stock will usually be considered useless when the new stock is issued.

Read more: What happens to a company's stocks and bonds when it declares chapter 11 bankruptcy protection? http://www.investopedia.com/ask/answers/06/chapter11stocksbonds.asp#ixzz4qtYYRF8X 

Follow us: Investopedia on Facebookens to a company's stocks and bonds when it declares chapter 11 bankruptcy protection? http://www.investopedia.com/ask/answers/06/chapter11stocksbonds.asp#ixzz4qtYYRF8X 
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