disclosure statement
A statement, the signing of which by a party confirms that a formal list of documents is an accurate reflection of the search conducted for documents which he has, or previously had. Committal proceedings may follow if a party signs a disclosure statement without an honest belief that it is true.
USA
A comprehensive document prepared by the Chapter 11 debtor or other entity proposing a plan of reorganization explaining the background of the debtor, the bankruptcy case and the risk factors of the proposed plan. It must contain "adequate information" to allow a voting creditor to make an "informed judgment about the plan" (§ 1125(a)(1), Bankruptcy Code).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • disclosure — Act of disclosing. Revelation; the impartation of that which is secret or not fully understood. In patent law, the specification; the statement of the subject matter of the invention, or the manner in which it operates. In securities law, the… …   Black's law dictionary

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