Chapter 11 Bankruptcy

Chapter 11 Bankruptcy

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  • I wonder what Dwight was trying to say? He sounded like he was having a nervous breakdown.
  • Hey, Dwight. What exactly did you need me for?
  • Michael, I don't know how to put this, so I'll just outright say it: we've gone chapter 11.
  • What exactly does that mean?
  • We're bankrupt.
  • So, in short, Dunder Mifflin's doomed?
  • No, not exactly. Corporate's already filed a plan of reorganization, and they're cancelling our less important contracts. Once this is all over, our profit margins won't be razor-thin anymore.
  • Okay, then. Where is she?
  • The company's paying off it's debts and cutting out unnecessary spending. Angela wants your help determining what stays and what goes.
  • Alright. Thanks for letting me know about all of this.
  • No problem, Mike.
  • She's in the conference room. She locked the door, but she'll probably let you in.
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