June 04, 2013
Microchip developer Conexant Systems Inc. cleared the final hurdle on its path out of Chapter 11 on Tuesday when a Delaware bankruptcy judge confirmed a reorganization plan that would see the private-equity-owned company emerge significantly deleveraged in fewer than 100 days.
April 19, 2013
A Delaware bankruptcy judge signed off on Conexant Systems Inc.'s Chapter 11 amended disclosure statement Friday, allowing the private equity-owned microchip developer to begin soliciting votes for its prepackaged reorganization plan.