Heilig meyers liquidating trust sped dating 2 oyna

02-Mar-2018 14:56

Heilig-Meyers Company is the single largest creditor of Room Store and, under the Room Store Plan, will receive approximately 67% of the new common stock of Reorganized Room Store.Reorganized Room Store will continue to operate over 60 stores under the "Room Store" name.(collectively, the "Companies"), announced that they and the Official Committee of Unsecured Creditors have filed an Amended and Restated Joint Liquidating Plan of Reorganization (the "Amended Plan") and Disclosure Statement with the U. Bankruptcy Court for the Eastern District of Virginia.The Amended Plan amends and restates the Proposed Joint Plan of Reorganization (the "Initial Plan") filed by the Companies and HMY Room Store, Inc. The Bankruptcy Court will conduct a hearing for the purpose of making a determination as to the adequacy of the Disclosure Statement. Friedman’s was a specialty retailer of fine jewelry. Box 1033 Northbrook, IL 60065-1033 [email protected] questions or additional information please contact Janice Alwin at 847-577-1374.Friedman’s also operated as Friedman's Jewelers and Regency Jewelers. Requests for reasonable referral or finder fees will be considered.

Oak Point Partners has completed purchases of the remaining known and unknown assets in hundreds of Chapter 11 and Chapter 7 bankruptcy cases.Accordingly, on February 2, 2005, a Joint Plan of Reorganization Proposed by HMY Room Store, Inc.and the Official Committee of Unsecured Creditors (the "Room Store Plan") was filed with the Bankruptcy Court.The holders of existing common stock of Heilig-Meyers Company will receive no distribution under the proposed Amended Plan and will have no interest in the Liquidation Trust, and it is anticipated that the existing shares of common stock will be cancelled.

Furniture World is the oldest, continuously published trade publication in the United States.Under the terms of the proposed Amended Plan, pre-petition creditors will receive beneficial interests in a Liquidation Trust in settlement of their claims.All of the Companies' assets will be transferred to a Liquidation Trust to be converted to cash for distribution or distributed directly to the beneficiaries of the Liquidation Trust.Once the Bankruptcy Court approves the Disclosure Statement, the Companies will ask creditors to vote in favor or against the Plan.