Sentences with phrase «plan of reorganization»

Given that risk, before purchasing stock in a bankrupt company, investors should read the company's proposed plan of reorganization.

Disparate markets include OPMI Markets, leveraged buyout Markets, Merger and Acquisition Markets, Managerial Compensation Markets, and Markets for Reaching Agreements about Consensual Plans of Reorganization in Chapter 11.

Represented the successful appellant in the appeal of the original plan of reorganization of the bankruptcy case of DBSD North America, Inc..

Elliott's disclosures came after Energy Future filed its new bankruptcy plan of reorganization on Friday.

On May 17, it reported Q110 adjusted EBITDA of $ 23.4 mm and EBITDA is now at an annualized run rate of $ 90 + mm compared to its projected 2010 EBITDA of $ 67 mm per Plan of Reorganization.

Due to the efforts of the equity committee throughout the bankruptcy process, the pre-emergence equity holders will be able to maintain an 87 % ownership in the post-emergence company, up from an initial distribution of 18.6 % in the first Plan of Reorganization

On request of a creditor with a claim secured by the single asset real estate and after notice and a hearing, the court will grant relief from the automatic stay to the creditor unless the debtor files a feasible plan of reorganization or begins making interest payments to the creditor within 90 days from the date of the filing of the case, or within 30 days of the court's determination that the case is a single asset real estate case.

At a meeting held on December 8 - 10, 2015, the Board of Trustees of MainStay Funds Trust approved an Agreement and Plan of Reorganization [which] provides for the reorganization of the Fund into the Marketfield Fund (the «New Fund»)...

The original plan of reorganization provided minimal recovery to Mr. Parrish's client.

Represented multiple lenders in chapter 11 cases involving real property disputes, including obtaining numerous confirmation of consensual plans of reorganization involving operating hotels, churches, and operating businesses.

In addition, we can develop and negotiate consensual and contested plans of reorganization and liquidation, including out - of - court and prepackaged plans.

Serving as lead trial counsel for a group of Chapter 11 debtors in a case involving more than US$ 2 billion of claims including successfully defending the debtors» plan of reorganization against objections by state environmental agencies, the United States and private creditors at a multiday contested confirmation hearing.

All of the allowed claims attributable to the prepetition high yield bonds issued by the Company were converted into new common stock as set forth in the plan of reorganization.

The shares related to the $ 580.0 million equity rights offering were issued and the fee payable to the commitment parties under the Backstop Commitment Agreement was paid in new common stock as set forth in the plan of reorganization.

All of the Company's existing common stock that had been trading under the ticker symbol «UPLMQ» was cancelled and the existing stockholders received new common stock as set forth in the plan of reorganization.

In support of its restructuring and in order to satisfy its obligations under the plan of reorganization confirmed by the bankruptcy court, the Company closed the following financing transactions:

The company announced Thursday that it has successfully implemented a plan of reorganization that converts $ 775 million of debt into equity and establishes a new board of directors.

PR NEWSWIRE - Dec 23 - FriendFinder Networks has announced a plan of reorganization that takes effect three months after the company filed for Chapter 11 bankruptcy protection.

Michael Hansen, Chief Executive Officer of Cengage Learning, said in a statement, «We are pleased to have reached this agreement and gained the support of all of Cengage Learning's most significant creditors for our Plan of Reorganization, giving us a clear path to the successful completion of our financial restructuring.

Any debt that is not paid for in the plan of reorganization will be discharged or dismissed.

The Board of Trustees of LKCM Funds, upon the recommendation of Luther King Capital Management Corporation, the investment adviser to each fund, has approved a Plan of Reorganization and Dissolution pursuant to which the LKCM Aquinas Small Cap Fund (AQBLX) and the LKCM Aquinas Growth Fund (AQEGX), would be reorganized into the LKCM Aquinas Value Fund (AQEIX).

The U.S. Bankruptcy Code contemplates that Plans of Reorganization be consensual, i.e. negotiated between creditors and parties - in - interest.

A confirmation in bankruptcy is a bankruptcy judge's approval of a plan of reorganization or liquidation in certain types of bankruptcies.

The market has failed to fully price in the impact of the Plan of Reorganization that was confirmed on Thursday, May 27, 2010.

Also known as a chapter 13 plan of reorganization, or a budget plan.

Under Chapter 11 Bankruptcy, the debtor has the right to file a plan of reorganization within 120 days after the order for relief.

However, in a Chapter 13 case, you will propose a plan of reorganization to the court and to your creditors, stating how you intend to pay your debts over a 3 - year or 5 - year term.

People who understand areas like bankruptcy and finance can do things like determine what is likely to be the «fulcrum security» which will convert into sufficient equity to exert some measure of control when the business restructures via a plan of reorganization.

Peabody Energy, the largest U.S. coal producer, announced Dec. 22 that it has filed its plan of reorganization and accompanying disclosure statement with the U.S. Bankruptcy Court for the Eastern District of Missouri.

In his plan of reorganization, concerning four student loans totaling approximately $ 13,250, he «proposed to repay only the principal on that debt stating that the remainder, the accrued interest, would be discharged once Espinosa repaid the principal.»

Often there is no trustee, but a «debtor in possession,» and considerable time to present a plan of reorganization.

Burch & Cracchiolo has successfully confirmed plans of reorganization, both in cases where the firm was representing the Phoenix debtor - in - possession and also in cases where it was representing creditors who were the plan proponents.

Counsel to a publicly traded textile manufacturer in its chapter 11 bankruptcy case that resulted in a confirmed plan of reorganization.

In a Chapter 13 bankruptcy, the debtor files a plan of reorganization along with their bankruptcy petition.

The browse menu is organized by topics and subtopics relevant to financial restructuring, such as «Plan of Reorganization and Disclosure Statement,» «Exit Financing» and «Asset Purchase Agreements.»

When we first meet with a Chapter 11 client, we will work with that client to assess whether the business has the ability to generate income to pay its current expenses and a little extra to fund a plan of reorganization, which is typically five years without interest to the unsecured creditors.

Most importantly, a plan of reorganization must be feasible and fair, filed in good faith, and in the best interest of creditors.

When the court approves of the proposed plan of reorganization, they refer to it as «confirmation» of the plan.

The Senior Lenders in connection with Sbarro's Restructuring and Chapter 11 Plan of Reorganization

He regularly serves as counsel to debtors, official committees, prepetition and DIP lenders, and acquirers of distressed assets, and has taken a leading role in nearly all aspects of case administration; litigation strategy; and the structure, formulation and confirmation of complex (and sometimes unique) plans of reorganization.

Represented estate manager in the Chapter 11 bankruptcy of Leasing Solutions, Inc., including advising on the distribution of approximately $ 50 million to creditors pursuant to a complex waterfall distribution scheme provided under the Chapter 11 plan of reorganization.

Counseling clients in asset acquisitions through section 363 sales and / or the plan of reorganization process, including the analysis of strategic bid alternatives

Obtained confirmation of a plan of reorganization that reduced the business's unsecured debt by 60 %.

Further, the agreement states that upon the effective date of a plan of reorganization, General Growth will issue warrants to Pershing and its designees to acquire 4.9 percent, on a fully diluted basis, of each class or series of equity securities of the company and 4.9 percent, on a fully diluted bases, of the securities of such subsidaries issued in respect of certain claims in connection with the Chapter 11 filings.