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Ad Hoc Bondholders Group for Colonial BancGroup Taps Nelson Mullins

Tuesday, 27 February 2018 01:00
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Shane G. Ramsey of the firm Nelson Mullins Riley & Scarborough LLP submitted to the U.S. Bankruptcy Court for the Middle District of Alabama a verified disclosure in accordance with Rule 2019 of the Federal Rules of Bankruptcy Procedure with respect to Nelson Mullins' representation of members of an ad hoc committee of holders of:

(i) 7.875% Trust Preferred Securities issued pursuant to an Indenture dated as of March 26, 2003, between The Colonial BancGroup, Inc., and U.S. Bank N.A. as Trustee and the Amended and Restated Declaration of Trust dated as of March 26, 2003 between CBG and U.S. Bank N.A. and with a maturity date in 2033; and

(ii) 8.875% subordinated notes issued pursuant to an Indenture dated as of March 1, 2008, between CBG and The Bank of New York Mellon Trust Company, N.A., as successor in interest to The Bank of New York Trust Company, N.A.

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        Debtor                                                                  Case No.

        ------                                                                      --------

        New MACH Gen, LLC (Lead Debtor)                  18-11368

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    Court: United States Bankruptcy Court

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    Written on Wednesday, 13 June 2018 07:04 in Latest News Be the first to comment! Read 265 times Read more...