Colombian Lender Extends Ch. 11 Plan Objection Deadline

By Ben Zigterman · May 20, 2024, 7:33 PM EDT

An ad hoc group holding some of the debt of Colombian consumer lending giant Credivalores-Crediservicios voiced concerns about the debtor's prepackaged Chapter 11 plan, prompting the debtor to extend its objection...

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Bankruptcy Scorecard

Summary

Colombian consumer lending giant Credivalores-Crediservicios filed for Chapter 11 with a prepackaged plan to cut $55 million from its balance sheet and emerge from bankruptcy swiftly.

Case Number

24-bk-10837

Judge

Brendan L. Shannon

Venue

U.S. Bankruptcy Court for the Southern District of New York

Capital Structure

Total Liabilities:

$307.5 million

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Related Sections

Case Information

Case Title

Credivalores - Crediservicios S.A.

Case Number

1:24-bk-10837

Court

New York Southern

Nature of Suit

Date Filed

May 16, 2024

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