21st Century Oncology Cleared To Solicit Ch. 11 Plan Votes

Law360, New York (October 16, 2017, 9:14 PM EDT) -- Cancer treatment center operator 21st Century Oncology got the go-ahead Monday to send its Chapter 11 restructuring proposals to creditors and begin tallying votes on its plan to cut its $1.1 billion debt load in half after making final modifications like estimating recoveries and addressing pending litigation.

21st Century Oncology Holdings Inc. has met the bar to begin soliciting votes on its prearranged Chapter 11 plan, U.S. Bankruptcy Judge Robert D. Drain told interested parties at a disclosure statement hearing in his White Plains, New York,...
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