Mon, Feb 20, 2023

Undertaking a Prepackaged Plan Solicitation

This field is required
This field is required
This field is required
This field is required
The field is required
This field is required A valid email address is required
Please select an Option
This field is required
This field is required
We will use this information to respond to your inquiry and process your data in accordance with our privacy policy.

In this article, authors Christina Pullo, James Daloia, and Alex Orchowski address the solicitation process for a prepackaged plan, including considerations for companies and their counsel when preparing for and soliciting a prepackaged plan with the assistance of a solicitation agent.

A prepack is a Chapter 11 bankruptcy in which the debtor negotiates the terms and solicits voters on a plan of reorganization before it files its bankruptcy petition. This article addresses, among other things:

  • Key differences between prepackaged and traditional bankruptcy plans
  • The administrative process to effectuate a prepack
  • Initial solicitation considerations
  • Most common parties solicited as part of a prepack
  • Solicitation documents and procedures
  • Noticing and publication considerations
  • Voting and tabulation requirements and processes

Complete the form below to download this article about undertaking a prepackaged plan solution.

*This checklist was originally published in the Thomson Reuters Publication, Practical Law.


Stay Ahead with Kroll

Restructuring Administration

Restructuring Administration

End-to-end restructuring administration services provided by unrivaled experts and technology.

Return to top