We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

J.L. French Files Amended Reorganization Plan

Law360 (May 4, 2006, 12:00 AM EDT) -- Taking the next step towards emerging from Chapter 11, J.L. French Automotive Castings Inc. filed an amended reorganization plan and disclosure statement this week, one month after filing a prearranged reorganization plan.

The company’s first plan called for repayment in full of the first-lien debt, which totals approximately $295 million. Second-lien notes claims, which total approximately $177 million, will be converted into 8% to 22% of the new common stock.

J.L. French’s amended plan, which incorporates the terms of a settlement between the company, the official...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.