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CCLM Holdings, Inc.
CCLM Holdings Emerges from Charys' Chapter 11 Filing
June 6th, 2009
CCLM Holdings ("CCLM") announced that on March 12, 2009, it emerged as the new holding company under the Plan of Reorganization (the "Plan") filed by Charys Holding Company, Inc. ("Charys"). As previously announced, Charys filed for Chapter 11 protection on February 14, 2008. Charys' Plan, with the approval of the Committee of Unsecured Creditors, was confirmed on February 25, 2009. Charys emerged from Chapter 11 on March 12, 2009 under the legal name New Holding, Inc., and 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...
Source: Law & Health Weekly (2009-06-06)
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