Court Confirms Caraustar Reorg Plan

摘要

The United States Bankruptcy Court for the Northern District of Georgia has confirmed Caraustar Industries, Inc.'s Debtors' First Amended Joint Plan of Reorganization dated June 30. Caraustar filed for bankruptcy on May 31. "We are appreciative of the support of our customers, employees, vendors, advisors and other stakeholders, whose collective support helped us navigate these court proceedings efficiently," says Michael Keough, president and ceo. "We expect to emerge from these court proceedings with a strong balance sheet, the Caraustar brand name intact, and the ability to continue to focus on becoming first choice for each and every one of our customers."