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Reorg Radio

The Reorg Primary View: Serta Simmons, Clovis Oncology, Cineworld, City Brewing

Jun 13, 2023
12:40
Snipd AI
This week's episode includes recaps of Serta's chapter 11 plan confirmation, settlement between Cineworld and National CineMedia, and chapter 11 filings from Cyxtera Technologies and Lucky Bucks. The podcast also previews upcoming content and covers various legal proceedings, enforcement actions, potential restructuring, transaction refinancing, and Chapter 11 cases.
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Podcast summary created with Snipd AI

Quick takeaways

  • Judge David R. Jones confirmed SIRDA's Chapter 11 plan and ruled that the 2020 exchange transaction was binding and enforceable.
  • Sinnerworld and National Cinemedia settled their dispute with a new network affiliate transaction agreement.

Deep dives

Confirmation of SIRDA's Chapter 11 Plan and 2020 Exchange Transaction

Judge David R. Jones confirmed SIRDA's Chapter 11 plan and ruled that the 2020 exchange transaction was binding and enforceable. FLSO and non-parity term loan creditor Citadel Equity Fund appealed the decision.

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