Sentences with phrase «reorganization plan approved»

LEGAL BATTLES The holding company for Washington Mutual finally had its reorganization plan approved in February 2012, following three years of legal battles about the low price paid for its banking assets.

Not exact matches

Remington Outdoor, one of the country's oldest and largest gun makers, said this week that a bankruptcy judge had approved its reorganization plan, which will transfer ownership of the company to creditors including JPMorgan.
While many of the aspects of NYRA» s recently approved reorganization plan are out front and obvious, the shadow of the Cuomo administration still lurks over the facilities at Aqueduct, Belmont and Saratoga race courses as it has since October 2012.
The Regents also approved a much - discussed reorganization plan, even though the plan is little more than a rough sketch.
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).
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 FReorganization [which] provides for the reorganization of the Fund into the Marketfield Fund (the «New Freorganization of the Fund into the Marketfield Fund (the «New Fund»)...
If U.S. Bankruptcy Judge Kevin Carey today approves Tribune Co.'s reorganization plan, enabling it to emerge from Chapter 11 bankruptcy protection, New York - based banking giant JP Morgan Chase will become a significant media player, owning more television stations than any major network and becoming America's second largest newspaper publisher....
Bankruptcy law involves the procedure or legal method by which a debtor is relieved of financial liability for its debts by establishing a court - approved reorganization plan or plan for partial repayment.
When the court approves of the proposed plan of reorganization, they refer to it as «confirmation» of the plan.
The Bankruptcy Court, on the other hand, applied a liquidation value standard to decide whether to approve a Chapter 13 debtor reorganization plan.
(a) Every such reorganization plan shall be referred to an appropriate committee, to be determined by the Clerks of the Senate and the House of Representatives, with the approval of the President and Speaker, which committee shall not later than thirty days after the date of the Governor's presentation of said plan hold a public hearing thereon and shall not later than ten days after such hearing report that it approves or disapproves such plan and such reorganization plan shall have the force of law upon expiration of the sixty calendar days next following its presentation by the governor to the general court, unless disapproved by a majority vote of the members of either of the two branches of the general court present and voting, the general court not having been prorogued within such sixty days.
In the year 2001, its policy holders approved a reorganization plan wherein PML reorganized from being a mutual insurance company to a stock company which is wholly - owned by the American United Mutual Insurance Holding Company.
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