Disclosure statement - A written document prepared by the chapter 11 debtor or other plan proponent that is designed to provide "adequate information" to creditors to enable them to evaluate the chapter 11 plan of reorganization.⏎
Default judgment - A judgment awarding a plaintiff the relief sought in the complaint because the defendant has failed to appear in court or otherwise respond to the complaint.⏎
Creditor - A person to whom or business to which the debtor owes money or that claims to be owed money by the debtor.⏎
Exclusionary rule - Doctrine that says evidence obtained in violation of a criminal defendant's constitutional or statutory rights is not admissible at trial.⏎
Common law - The legal system that originated in England and is now in use in the United States, which relies on the articulation of legal principles in a historical succession of judicial decisions. Common law principles can be changed by legislation.⏎