Clover Technologies Group, LLC – Court Confirms Plan, Paving Way for Debtors to Exit Bankruptcy Minus $360mn of Debt

January 22, 2020 – The Court hearing the Clover Technologies Group cases approved the Debtors’ Prepackaged Chapter 11 Plan of Reorganization, paving the way for the Debtors to emerge deleveraged by more than $360.0mn and with holders of the Debtors' $644.1mn of pre-petition term loans owning 100% of the emerged Debtors' common stock [Docket No….