Amended Combined Joint Liquidation Plan & Disclosure Statement Filed By Color Spot Holdings

Color Spot Holdings, Inc. filed an amended combined joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on October 9, 2018.

As per the amended plan filed, the debtor has no has outstanding balance under the other secured claim class and intercompany claim class. Priority non-tax claims of less than $0.75 million shall be paid in full in cash.

Wells claims of $31.46 million shall receive a recovery of 5% and general unsecured claims of $225.37 million shall receive no distribution under the plan. There shall be no other changes in the treatment of any other claim class.

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