Applied Minerals, Inc. Files Motion to Approve Disclosure Statement
Applied Minerals Inc (AMNL), currently under Chapter 11 bankruptcy protection since November 11, 2024, has filed a 'Motion to Approve Disclosure Statement' with the United States Bankruptcy Court for the District of Utah. The motion includes a proposed Disclosure Statement regarding the company's Plan of Reorganization.
The company seeks court approval for:
- The form and adequacy of the Proposed Disclosure Statement
- Proposed solicitation procedures and record holder date for voting
- Form of ballots and balloting instructions
- Procedures for vote tabulation
- Deadlines for proposing better reorganization terms
Objections must be filed by April 24, 2025, and a hearing is scheduled for May 6, 2025, at 11:00 a.m. MT via Zoom.
Applied Minerals Inc (AMNL), attualmente sotto la protezione del Chapter 11 dal 11 novembre 2024, ha presentato una 'Richiesta di Approvazione della Dichiarazione di Informativa' presso il Tribunale Fallimentare degli Stati Uniti per il Distretto dello Utah. La richiesta include una proposta di Dichiarazione di Informativa riguardante il Piano di Riorganizzazione dell'azienda.
L'azienda cerca l'approvazione del tribunale per:
- La forma e l'adeguatezza della Proposta di Dichiarazione di Informativa
- Le procedure di sollecitazione proposte e la data di registrazione per il voto
- La forma delle schede e le istruzioni per il voto
- Le procedure per la tabulazione dei voti
- Le scadenze per proporre migliori termini di riorganizzazione
Le obiezioni devono essere presentate entro il 24 aprile 2025, e un'udienza è programmata per il 6 maggio 2025, alle 11:00 MT tramite Zoom.
Applied Minerals Inc (AMNL), actualmente bajo la protección del Capítulo 11 desde el 11 de noviembre de 2024, ha presentado una 'Moción para Aprobar la Declaración de Divulgación' ante el Tribunal de Quiebras de los Estados Unidos para el Distrito de Utah. La moción incluye una propuesta de Declaración de Divulgación relacionada con el Plan de Reorganización de la empresa.
La empresa busca la aprobación del tribunal para:
- La forma y la adecuación de la Propuesta de Declaración de Divulgación
- Los procedimientos de solicitud propuestos y la fecha de registro para la votación
- La forma de las boletas y las instrucciones de votación
- Los procedimientos para la tabulación de votos
- Los plazos para proponer mejores términos de reorganización
Las objeciones deben presentarse antes del 24 de abril de 2025, y se ha programado una audiencia para el 6 de mayo de 2025, a las 11:00 a.m. MT a través de Zoom.
Applied Minerals Inc (AMNL)는 2024년 11월 11일부터 챕터 11 파산 보호를 받고 있으며, 유타 지방법원에 '공시서 승인 요청서'를 제출했습니다. 이 요청서에는 회사의 재조직 계획에 관한 공시서 제안이 포함되어 있습니다.
회사는 법원의 승인을 요청합니다:
- 제안된 공시서의 형식과 적절성
- 투표를 위한 제안된 요청 절차 및 기록 보유자 날짜
- 투표용지의 형식 및 투표 지침
- 투표 집계 절차
- 더 나은 재조직 조건을 제안하기 위한 기한
이의 제기는 2025년 4월 24일 이전에 제출해야 하며, 2025년 5월 6일 오전 11시 MT에 Zoom을 통해 청문회가 예정되어 있습니다.
Applied Minerals Inc (AMNL), actuellement sous la protection du Chapitre 11 depuis le 11 novembre 2024, a déposé une 'Demande d'Approbation de la Déclaration de Divulgation' auprès du Tribunal de Faillite des États-Unis pour le District de l'Utah. La demande comprend une proposition de Déclaration de Divulgation concernant le Plan de Réorganisation de l'entreprise.
L'entreprise cherche l'approbation du tribunal pour:
- La forme et l'adéquation de la Proposition de Déclaration de Divulgation
- Les procédures de sollicitation proposées et la date de détention des dossiers pour le vote
- La forme des bulletins de vote et les instructions de vote
- Les procédures de comptabilisation des votes
- Les délais pour proposer de meilleures conditions de réorganisation
Les objections doivent être déposées avant le 24 avril 2025, et une audience est prévue pour le 6 mai 2025 à 11h00 MT via Zoom.
Applied Minerals Inc (AMNL) befindet sich seit dem 11. November 2024 unter dem Schutz des Chapter 11 und hat beim US-Insolvenzgericht für den Bezirk Utah einen 'Antrag auf Genehmigung der Offenlegungserklärung' eingereicht. Der Antrag enthält einen Vorschlag für eine Offenlegungserklärung bezüglich des Unternehmensplans zur Reorganisation.
Das Unternehmen sucht die Genehmigung des Gerichts für:
- Die Form und Angemessenheit der vorgeschlagenen Offenlegungserklärung
- Vorgeschlagene Verfahren zur Aufforderung und das Datum für die Wählerregistrierung
- Form der Stimmzettel und Abstimmungsanweisungen
- Verfahren zur Stimmenauszählung
- Fristen für die Vorschläge besserer Reorganisationsbedingungen
Einwendungen müssen bis zum 24. April 2025 eingereicht werden, und eine Anhörung ist für den 6. Mai 2025 um 11:00 Uhr MT über Zoom angesetzt.
- Progress in bankruptcy proceedings with filing of reorganization plan
- Structured process for potential better reorganization terms from interested parties
- Company remains in Chapter 11 bankruptcy proceedings
- Reorganization plan subject to court approval and potential objections
EUREKA, UT / ACCESS Newswire / April 11, 2025 / Applied Minerals, Inc. (Eureka, UT) (the "Debtor"), in connection with its filing for Chapter 11 bankruptcy protection on November 11, 2024, has filed with the United States Bankruptcy Court for the District of Utah a "Motion to Approve Disclosure Statement" and related solicitation procedures and deadlines.
The Debtor also has filed a proposed Disclosure Statement with Respect to Debtor's Plan of Reorganization. The Debtor has requested entry of an order, among other things, (a) approving the form and adequacy of the Proposed Disclosure Statement, (b) approving the proposed solicitation procedures (including establishing, for voting purposes only, a record holder date), (c) approving the form of ballots and balloting instructions, (d) establishing procedures for tabulating votes on the Plan, (e) establishing deadlines and procedures for proposing to the Debtor terms for a higher and better terms plan of reorganization, and (f) setting the date for a hearing on confirmation of the Debtor's Chapter 11 Plan of Reorganization.
Parties wishing to object to the relief requested in the Motion to Approve Disclosure Statement must file an objection with the Bankruptcy Court on or before April 24, 2025, at United States Bankruptcy Court, 350 South Main Street, Room 301, Salt Lake City, UT 84101. A hearing on the Motion to Approve Disclosure Statement will be held on May 6, 2025, at 11:00 a.m. MT. Parties who wish to participate in the hearing should consult the Bankruptcy Court's website (https://www.utb.uscourts.gov) for the most up-to-date information regarding participation at a hearing via Zoom.
Contact:
SOURCE: Applied Minerals, Inc.
View the original press release on ACCESS Newswire
FAQ
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