Brief: Lordstown Motors Says Debtors Filed Second Modified First Amended Plan Of Co, Its Affiliated Debtors

Nu Ride

01/02/2024 11:39

Feb 1 (Reuters) - Lordstown Motors Corp  RIDEQ.PK :
    * LORDSTOWN MOTORS CORP - ON JAN 31, DEBTORS FILED SECOND
MODIFIED
FIRST AMENDED PLAN OF LORDSTOWN MOTORS CORP. AND ITS AFFILIATED
DEBTORS
    * LORDSTOWN MOTORS-  MODIFICATIONS TO PROPOSED PLAN
INCORPORATE
PROPOSED SETTLEMENT OF CLAIMS AGAINST DEBTORS,CERTAIN
DIRECTORS,OFFICERS OF DEBTORS
    * LORDSTOWN MOTORS CORP - HEARING BEFORE BANKRUPTCY COURT TO
CONSIDER CONFIRMATION OF PROPOSED PLAN IS CURRENTLY SCHEDULED
FOR FEB 22, 2024
    * LORDSTOWN MOTORS-PURSUANT TO OHIO SECURITIES LITIGATION
SETTLEMENT, DEBTORS WOULD PAY $3 MILLION INTO ESCROW ON
EFFECTIVE DATE OF PROPOSED PLAN

Source text for Eikon:  ID:n0001104659-24-009103 
Further company coverage:  RIDEQ.PK 

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