Qimonda Creditors Cleared To Vote On Liquidation Plan

Law360, Wilmington (July 12, 2011, 3:18 PM EDT) -- Qimonda Richmond LLC won Delaware bankruptcy court approval Tuesday for a disclosure statement related to its Chapter 11 liquidation plan, clearing the defunct chip maker to send the documents out for a creditor vote.

U.S. Bankruptcy Judge Mary F. Walrath signed off on the statement and set a Sept. 19 confirmation hearing for the liquidation plan, which is co-sponsored by the company's official committee of unsecured creditors.

“I’m happy to approve it as there are no objections that have not been resolved,” the judge said....
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