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Court Confirms Movie Gallery's Plan of Reorganization.
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PR Newswire
- Article date:
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April 9, 2008
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Copyright informationCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 Executive ...
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