Contessa Rescue Wins Turnaround Award
date:Sep 27, 2012
ng bid in July resulting in values high enough to take outall secured creditors and provide an anticipated distribution tounsecured creditors of between 50% and 65%. Once the sale wascompleted, Kelley Drye developed a claims settlement procedurethat, when combined with the claims reconciliation process andother plan features, permitted all allowed general unsecuredclaims to receive a 100% recovery.

Now Contessa, its financial crisis hopefully behind it, ispromoting new products like World Cuis
6/7 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
07/12 03:29