2024.07.14 (일)

  • 구름많음동두천 30.0℃
  • 흐림강릉 22.3℃
  • 구름많음서울 30.9℃
  • 구름많음대전 28.8℃
  • 흐림대구 25.0℃
  • 흐림울산 24.1℃
  • 흐림광주 26.0℃
  • 흐림부산 23.7℃
  • 흐림고창 27.5℃
  • 흐림제주 28.1℃
  • 구름조금강화 28.9℃
  • 구름많음보은 27.1℃
  • 구름많음금산 28.5℃
  • 흐림강진군 23.9℃
  • 흐림경주시 23.8℃
  • 흐림거제 23.5℃
기상청 제공

경제

Micron Notes Appeal of Tokyo District Court's Approval of Elpida Reorganization Plan

[By NBC-1TV H. J Yook]Micron Technology, Inc. (Nasdaq:MU) (“Micron”) today noted that certain unsecured creditors of Elpida Memory Inc. filed appeals in Tokyo on Friday, March 29, of the Tokyo District Court‘s February 28 order approving Elpida’s plan of reorganization. Elpida‘s reorganization plan calls for Micron to sponsor Elpida’s reorganization under which Elpida will become a wholly-owned subsidiary of Micron. The Tokyo District Court's approval followed an Elpida creditor vote, concluded on February 26, in which the creditors voted overwhelmingly to approve the reorganization plan.

“Elpida trustees and the court ran a very thorough and competitive sponsor selection process before selecting Micron as the sponsor,” said Micron CEO Mark Durcan. “Their decision and plan of reorganization was confirmed by the successful vote of the creditors in February. We are confident the Tokyo District Court‘s approval of Elpida’s reorganization plan will be upheld.”

The closing of the transaction remains subject to the satisfaction or waiver of certain conditions—including finalization of the Tokyo District Court‘s approval order under Japanese bankruptcy rules and recognition of Elpida’s reorganization plan by the United States Bankruptcy Court for the District of Delaware (or the completion or implementation of alternative actions providing a substantially similar effect). It is estimated the appeal process of the Tokyo District Court's approval order will take approximately three to four months.



배너

관련기사


배너
배너
배너
배너
배너
배너
배너
배너
배너
배너
배너
배너