$250
Business Bankruptcy
Case results reflect publicly available information reported by the listed law firms. They are not results obtained by ThatCarHitMe.com. Every case is unique and must be evaluated on its own facts. Prior results do not guarantee a similar outcome. The results shown are not necessarily representative of all results obtained by these firms. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers.
Case Details
An Ohio corporation (Oneida and Anchor Hocking brands) and its creditors reached an agreement in Chapter 11 bankruptcy, reducing outstanding debt by almost $250 million.
Additional Notes
Creditors agreed to own 96% of the company's shares of stock in return for debt reduction.