On January 25, 2011, Summit Business Media Holding Company and certain of its affiliates and subsidiaries (collectively, the “Debtors”) filed voluntary petitions for reorganization under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the “Court”). The Debtors’ cases were jointly administered under case number 11-10231 (PJW).
On March 28, 2011, the Debtors filed the First Amended Joint Plan of Reorganization for Summit Business Media Holding Company and Its Debtor Subsidiaries (the “Plan”). On May 5, 2011, after notice and a hearing, the Court entered an order confirming the Plan. On May 23, 2011, the Plan went effective, and on March 21, 2012, the Court entered a final decree.