O-I Glass Inc
NYSE:OI
Debt Financing / Related, Restructuring / Reorganization, Bankruptcy / Related
Paddock Enterprises Llc Plan Of Reorganization Confirmed By U.S. Court
Published: 05/27/2022 11:31 GMT
O-I Glass Inc (OI) - Paddock Enterprises, Llc Plan of Reorganization Confirmed by U.S. Court.
O-i Glass Inc - Subsidiary Expects to Emerge From Chapter 11 in Mid-2022.
O-i Glass Inc - Paddock Next Will Seek United States District Court for District of Delaware's Affirmation of Bankruptcy Court's Order.
O-i Glass Inc - Plan Received Support of Paddock's Asbestos Claimants With More Than 99 Percent Voting in Favor.
O-i Glass Inc - Asbestos Trust Will Be Funded With Cash and Other Consideration Totaling $610 Million.
O-i Glass Inc - Subsidiary Expects to Emerge From Chapter 11 in Mid-2022.
O-i Glass Inc - Paddock Next Will Seek United States District Court for District of Delaware's Affirmation of Bankruptcy Court's Order.
O-i Glass Inc - Plan Received Support of Paddock's Asbestos Claimants With More Than 99 Percent Voting in Favor.
O-i Glass Inc - Asbestos Trust Will Be Funded With Cash and Other Consideration Totaling $610 Million.