Del. Judge Denies Rockport Ch. 11 Deal As 'Sub Rosa' Plan

By Alex Wittenberg · October 31, 2023, 6:15 PM EDT

A Delaware bankruptcy judge rejected a settlement proposed by Rockport that would create a $500,000 reserve for distribution to general unsecured creditors, saying the agreement amounted to a de facto reorganization...

To view the full article, register now.