This Plan of Reorganization details how the debtor will pay valid creditor claims, restructure its business, operations and finances, emerge from Chapter 11, and re-establish its ability to be financially self-sustaining.In some cases, it may be determined that the needs of the debtor and its creditors are best served by a Plan of Reorganization that is in fact a Plan of Liquidation. The lawyer or law firm you are contacting is not required to, and may choose not to, accept you as a client. Representations•Chapter 11 debtors: Digital Domain Media, Highway Technologies, Mesa Air Group, Global Aviation (conflicts counsel), Woodside Homes, Dunmore Homes, Mortgage Lenders Network, G G Retail, Penthouse Magazine publisher General Media (named one of the Top 10 Successful Restructurin... Emails sent through this site do not create an attorney-client relationship and may not be treated as privileged or confidential. Since then, we have rapidly grown from strength to strength, never deviating from our promise to provide our clients with only the best quality products and excellence in service.At Dairy Mart, we adhere uncompromisingly to our principal of providing only the highest level in terms of delivery times and supply.
The Martindale-Hubbell Peer Review Ratings process is the gold standard due to its objectivity and comprehensiveness.In this situation the debtor will cease to operate as a going concern.A Liquidating Trust is established as a vehicle for liquidating the debtors remaining assets and distributing the proceeds to the Trust Beneficiaries.The law provides for a period of time, beginning at the Petition Date, within which only the debtor has the right to file a plan and to seek confirmation of it.Specifically, the debtor has 120 days to file a plan, and then 180 days in which to seek confirmation.