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In re Roust: Seven Steps to Confirming a Plan in Seven Days

By Myles MacDonald on February 13, 2017
Posted in Bankruptcy, Business Bankruptcy Issues, Recent Developments

On January 6, 2017, Judge Robert D. Drain of the Bankruptcy Court for the Southern District of New York orally approved a prepackaged plan of reorganization (a “Prepack”) in In re Roust Corporation, et al. (Case No. 16-23786), only seven days after Roust Corporation (“Roust Corp”) and two of its affiliates,…

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