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Article: Court Confirms Movie Gallery's Plan of Reorganization.
- Article from:
- PR Newswire
- Article date:
- April 9, 2008
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Company Expects to Emerge From Chapter 11 Early in the Second Quarter of 2008
DOTHAN, Ala., April 9 /PRNewswire-FirstCall/ -- Movie Gallery, Inc. ("Movie Gallery") (OTC Pink Sheets: MOVIQ.PK) today announced that the United States Bankruptcy Court for the Eastern District of Virginia, Richmond Division (the "Bankruptcy Court") confirmed Movie Gallery's Second Amended Plan of Reorganization with Technical Modifications (the "Plan"). Movie Gallery currently expects to emerge from Chapter 11 early in the second quarter of 2008.
"The Court's confirmation of our Plan is a major milestone for Movie Gallery," said Joe Malugen, Chairman, President and Chief ...