Angelica’s Third Amended Chapter 11 Plan became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on August 31, 2017.
As previously reported, substantially all of Angelica’s assets were sold during the Company’s Chapter 11 proceeding, with sale proceedings used to satisfy various claims.
The privately-held medical laundry and linen management services’ provider, n/k/a RFID Corporation, filed for Chapter 11 protection on April 3, 2017, listing more than $100 million in assets.
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