Dolan Co. Wins Ch. 11 Nod, Settles With Shareholders
By Matt Chiappardi
Law360, Wilmington (June 9, 2014, 6:21 PM EDT) -- A Delaware bankruptcy judge gave Dolan Co. the nod Monday on its Chapter 11 plan, which includes a debt-for-equity swap with a H.I.G. Capital LLC unit, after the business information and litigation services firm settled a bitter valuation fight with shareholders that became the subject of a multiday trial.
As recently as Friday, it appeared that Dolan was set to go head-to-head once again with the official committee of equity security holders, representing shareholders originally slated to get no recovery, in a valuation trial that had...