Fabrics estate liquidating trust
To determine a set-off, simply subtract the smaller debt from the larger.
Any balance remaining due either of the parties is still owed, but the remainder of the mutual debts has been set off.
Law360 (August 24, 2009, PM EDT) -- The judge in charge of the Chapter 11 proceedings of Fabrics Estate Inc. — has approved the debtors' blueprint for winding down their estates, following the sale of substantially all the company's assets to an affiliate of debtor-in-possession lender Wayzata Investment Partners LLC in April.
Bankruptcy Court for the Eastern District of Tennessee signed an order Friday confirming the debtors' first amended joint plan of liquidation.
Further information regarding the WMI Liquidating Trust and/or the Debtors is available by clicking on each of the links to the left.
Mannon has worked with various industries including, telecommunications, industrial materials, consumer products/retail, transportation/logistics, automotive, technology and manufacturing. This site, and each of the sites referenced above, will be updated from time to time by KCC.Holders of beneficial interests in the WMI Liquidating Trust are encouraged to review the information that is contained on this site thoroughly and on a regular basis.KCC does not endorse or warrant and is not responsible for any third-party content that may be accessed from this website.NO DISTRIBUTIONS WILL BE MADE TO HOLDERS OF LTIs ON MAY 1, 2018. ("WMIC" and together with WMI, the "Debtors") filed voluntary petitions for relief under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the "Court") (Case No. On February 24, 2012 (the "Confirmation Date"), the Court entered an order confirming the Debtors' Modified Seventh Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United Stated Bankruptcy Code, dated December 12, 2011 as modified (the "Plan").