Restructuring Plans · glossary
The first court hearing, at which the judge looks at the proposed classes and orders a meeting of each. At Valkenrade’s, the fund argued that noteholders taking the consent fee should vote apart, and lost. The order does not approve the plan. Explanatory Statement, definitions, “Convening Hearing” · Chapter 8 · see Practice statement letter, Sanction
Explained in Chapter 8, Classes, the Convening Hearing and the Plan Meetings, of Restructuring Plans.
Before anyone votes, the court checks the classes at a first hearing, the convening hearing. If it agrees, it orders a meeting of each class, called a plan meeting. You help collect the votes and keep the count.Read Chapter 8, Classes, the Convening Hearing and the Plan Meetings →
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the hearing on 10 March 2033 at which the Court ordered the Plan Meetings;Read the definition in the document →
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