Using Prepackaged Plans to Speed Through Bankruptcy Courts by Veronica Polnick

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Not all bankruptcy plans need to be drawn-out or costly affairs. Jackson Walker attorney Veronica Polnick explains how a bankruptcy prepack plan speeds up the time it takes to emerge from bankruptcy proceedings. One such example is Jackson Walker's representation of Mood Media Corp. and its 17 affiliates in filing a prepackaged reorganization plan and emerging from bankruptcy in just over 30 hours—a record for the Southern District of Texas.
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