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Golden Mountain Financial Holdings Corp. (fka FNBCQ) RSS Feed

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Created
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Golden Mountain Financial Holdings Corp. is the successor to First NBC Bank Holding Company.
 
First NBC commenced a voluntary bankruptcy case as debtor and debtor-in-possession in Case No. 17-11213 before the United States Bankruptcy Court for the Eastern District of Louisiana. The bankruptcy filing follows the appointment of the Federal Deposit Insurance Corporation as receiver of First NBC Bank, the Company’s wholly-owned subsidiary and principal asset, on April 28, 2017
 
In connection with the Case, a Second Amended Joint Chapter 11 Plan of Reorganization was filed with the Bankruptcy Court, which was confirmed by order of the Bankruptcy Court entered on May 15, 2020. On January 22, 2021, FNBC emerged from bankruptcy upon the filing of the Joint Notice of the Occurrence of the Effective Date and Funding of Chapter 11 Plan of Reorganization, representing that all of the conditions precedent to the occurrence of the Effective Date had been satisfied or waived.
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