Small business case - A special type of chapter 11 case in which there is no creditors' committee (or the creditors' committee is deemed inactive by the court) and in which the debtor is subject to more oversight by the U.S. trustee than other chapter 11 debtors. The Bankruptcy Code contains certain provisions designed to reduce the time a small business debtor is in bankruptcy.⏎
Undersecured claim - A debt secured by property that is worth less than the amount of the debt.⏎
Verdict - The decision of a trial jury or a judge that determines the guilt or innocence of a criminal defendant, or that determines the final outcome of a civil case.⏎
Service of process - The delivery of writs or summonses to the appropriate party.⏎
Sequester - To separate. Sometimes juries are sequestered from outside influences during their deliberations.⏎