CCLM Holdings is new Charys holding company under plan documents

By Caroline Salls

Pittsburgh, May 19 - CCLM Holdings is the new holding company under Charys Holding Co., Inc.'s plan of reorganization, according to a company news release.

As previously reported, Charys emerged from Chapter 11 bankruptcy under the legal name New Holding, Inc. when its plan took effect on March 12.

The company is now operating as CCLM Holdings.

"We believe that CCLM and its operating subsidiaries, with a much reduced debt load and significant cash resources, are poised to take advantage of the continuing growth of wireless communications and to assist companies around the United States, the Caribbean, Canada and Mexico to recover from natural and manmade disasters," chairman of the board Allen Capsuto said in the release.

Charys is an Atlanta-based infrastructure services company that filed for bankruptcy on Feb. 14, 2008 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 08-10289.

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