AdvertisementHancock Fabrics Second Amended Joint Chapter 11 Plan of Liquidation became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on June 20, 2017.
BankruptcyDatas detailed Plan Summary notes, The Plan is a liquidating plan that provides that, among other things, the Debtors current Board of Directors will be succeeded by the Responsible Person, who will be appointed by order of the Bankruptcy Court to oversee…
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