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2times2

08/15/15 10:58 AM

#528 RE: jdp2000 #527

needs patience. reorganization/info starting end of october and stretching over a year:
(http://www.conferencecalltranscripts.org/8/summary/?id=1921474)

No later than October 30, 2015, delivery of a five-year business plan reasonably acceptable to the required DIP Lenders (the ?Agreed Business Plan?).

No later than November 30, 2015, delivery of a plan and timeline reasonably acceptable to the required DIP Lenders (i) to market and implement the asset sales, assignments, closings and abandonments (if any) to the extent reflected in the Agreed Business Plan and (ii) with respect to significant executory contract and unexpired lease assumptions and rejections.

Within 135 days following the Petition Date, deliver to the Administrative Agent an updated Agreed Business Plan reasonably acceptable to the required DIP Lenders.

Within 155 days following the Petition Date, deliver proposals contemplated in the Agreed Business Plan, if any, (i) to authorized union representatives seeking modifications with respect to collective bargaining agreements and (ii) to authorized representatives of retirees seeking modifications with respect to retiree benefits, in each case, consistent with and solely to the extent required by the Agreed Business Plan (any savings and work rule changes reflected in such proposals, collectively, the ?Labor/Benefits Savings?).

Within 215 days following the Petition Date, seek Bankruptcy Court approval of any Labor/Benefits Savings consistent with the Agreed Business Plan.

To the extent that any Labor/Benefits Savings consistent with the Agreed Business Plan are not otherwise achieved on a consensual basis without the need for court relief, obtain any requested Labor/Benefits Orders within 320 days of the Petition Date.

Within 300 days following the Petition Date, file an acceptable plan of reorganization.

Within 90 days following the filing of a plan of reorganization, entry by the Bankruptcy Court of an order confirming such plan of reorganization.