Results
GSP Properties, LLC
Representation of the ad hoc group of first-lien noteholders (totaling $275m in principal amount) in the chapter 11 case of GSP Properties in the District of Delaware. GSP Properties and its debtor affiliates, including Pyxus International, an international storage, sales, distribution company and leaf tobacco merchant, obtained court approval of their prepackaged chapter 11 plan within approximately two months, deleveraging their balance sheet by approximately $440m.
Circuit Court
3rd Circuit
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