Penton Files Prepack Ch. 11 To Resolve Loan Debts
The company said it has gained approval from requisite creditors on a prepackaged reorganization plan filed in the U.S. Bankruptcy Court for the Southern District of New York, and hopes to emerge from bankruptcy within 30 days.
Listing more than $500 million in assets and more than $1 billion in debt, the company stressed...
To view the full article, register now.