E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/17/2017 in the Prospect News Distressed Debt Daily.

Former Point Blank plan confirmation order appeal dismissed by court

By Caroline Salls

Pittsburgh, Jan. 17 – An appeal of SS Body Armor I, Inc.’s Chapter 11 plan confirmation order was dismissed Friday by the U.S. Bankruptcy Court for the District of Delaware.

The order was appealed on Nov. 24, 2015 by the company’s former chief executive officer, David H. Brooks, after the plan was confirmed on Nov. 10, 2015.

Friday’s order said Brooks failed to file an opening brief in support of his appeal and failed to respond to show cause orders entered on Nov. 8 and Dec. 14.

SS Body Armor was formerly Point Blank Solutions, Inc., a Pompano Beach, Fla., producer of body armor systems for law enforcement and the military. The company filed for bankruptcy on April 14, 2010. Its Chapter 11 case number is 10-11255.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.