Restructuring Plans · glossary

Voting deadline

The time by which an account holder letter must reach the information agent for its vote to count. The chair may accept a late letter, but need not. One letter in Valkenrade’s vote arrived on the last day, just before the deadline. Explanatory Statement, definitions, “Voting Deadline” · Chapter 8 · see Account holder letter

Explained in Chapter 8, Classes, the Convening Hearing and the Plan Meetings, of Restructuring Plans.

How it comes up, in Chapter 8
The letter must reach the information agent, the firm that receives and counts the votes, before the voting deadline. The chair may accept a late letter, but need not. The Notes a letter covers become blocked Notes, which cannot be sold until the meeting ends. The bank votes by a proxy form instead.
Read Chapter 8, Classes, the Convening Hearing and the Plan Meetings →

Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.

As defined in the training Explanatory Statement
5.00 p.m. London time on 11 April 2033.
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This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Restructuring Plans → · All terms A–Z →