Examples of Combined Disclosure Statement and Plan in a sentence
The Creditors’ Meeting shall be deferred until after the Deadline has passed and shall be waived unless the Combined Disclosure Statement and Plan is not approved and the Plan of Reorganization is not confirmed by April 24, 2024.
The Debtor is not required to mail a copy of the Combined Disclosure Statement and Plan to holders of claims that are unimpaired and conclusively presumed to accept the Plan of Reorganization or impaired and conclusively presumed to reject the Plan.
The Combined Disclosure Statement and Plan also may be obtained upon request of the Debtor’s proposed counsel at the address specified below and is on file with the Clerk of the Bankruptcy Court, 824 North Market Street, Third Floor, Wilmington, Delaware 19801, where it is available for review between the hours of 8:00 a.m. to 4:00 p.m. (prevailing Eastern Time).The Plan of Reorganization is a “prepackaged” plan of reorganization agreed to by the Debtor and the Prepetition Lenders.
The Debtor is not otherwise required to provide a copy of the Combined Disclosure Statement and Plan to any holders of claims conclusively presumed to accept or reject the Plan of Reorganization but will do so upon request from such holders of claims.
The requirement that the Debtor file the Schedules and Statements is permanently waived effective upon the date of approval and confirmation of the Combined Disclosure Statement and Plan, provided confirmation occurs on or before April 24, 2024.
The solicitation of acceptances or rejections of the Plan of Reorganization in accordance with this Order by the use of the Combined Disclosure Statement and Plan and the Combined Hearing Notice shall be deemed to be in good faith within the meaning of section 1125(e) of the Bankruptcy Code.
Combined Hearing” means the combined hearing before the Bankruptcy Court to consider the adequacy of the disclosures in, and confirmation of, the Combined Disclosure Statement and Plan.
As used in this Combined Disclosure Statement and Plan, capitalized terms have the meanings set forth below.
The Court shall hold the Combined Hearing, at which time the Court will consider, among other things, the adequacy and confirmation of the Combined Disclosure Statement and Plan, on April 23, 2024 at 1:00 p.m. (prevailing Eastern Time).
Any objections to the Combined Disclosure Statement and Plan must be filed and served upon counsel to the Notice Parties by April 12, 2024 at 4:00 p.m. (prevailing Eastern Time) (the “ Objection Deadline”).