Colt Gets OK For Bid To Rework Ch. 11 Plan
By Matt Chiappardi ( January 11, 2016, 9:53 PM EST) -- A Delaware bankruptcy judge on Monday agreed to allow gunsmith Colt to modify its Chapter 11 plan with certain noteholders agreeing to pick up part of $15 million in new money-funding needed to complete the reorganization that majority stakeholder Sciens Capital Management had defaulted on....
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