- The pre-packaged restructuring plan is entered on a consensual basis, and is accepted by all parties,
Josh Sussberg of law firmKirkland & Ellis tells JudgeChristopher Sontchi at Acosta’s first-day hearing in bankruptcy court in Wilmington, Delaware- Asks judge to approve and confirm the plan as “quickly as possible” to avoid further disruption to the business
- “This is a fragile business, and clients have the ability to use competitors to weather the...
Acosta Ruling Brings it Closer to Bankruptcy Exit in Two Weeks
Dec. 3, 2019, 8:17 PM