#69 on pacer ----> Order Confirming Chapter 11 Plan Related [+]. Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 7/21/2016. (fed)
It is hereby ordered that the Plan Proponent shall be authorized to extinguish and cancel all classes of shareholders’ shares of stock interest in the Debtor and to issue new shares for 100% stock ownership of the Debtor to the Plan Proponent and/or its designee.
Yes. Some people were right; others were wrong. Perhaps the latter should use this experience to further their understanding of how bankruptcy law works.