Oaktree Deal Clears Way For Almatis Ch. 11 Exit
Judge Martin Glenn issued rulings Monday in the U.S. Bankruptcy Court for the Southern District of New York approving a disclosure statement for Almatis' Chapter 11 restructuring plan and a settlement with Oaktree.
The settlement terms with Oaktree, which purchased Almatis debt as part of a plan to wrest control of the company...
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