CorEnergy’s Plan of Reorganization Confirmed by Bankruptcy Court
CorEnergy Infrastructure Trust, Inc. (OTC Pink: CORRQ, CORRL) (“CorEnergy” or the “Company”) announced that the U.S. Bankruptcy Court for the Western District of Missouri (the “Court”) confirmed its Chapter 11 Plan of Reorganization (the “Plan”) on May 24, 2024.
- CorEnergy Infrastructure Trust, Inc. (OTC Pink: CORRQ, CORRL) (“CorEnergy” or the “Company”) announced that the U.S. Bankruptcy Court for the Western District of Missouri (the “Court”) confirmed its Chapter 11 Plan of Reorganization (the “Plan”) on May 24, 2024.
- Creditors and existing preferred equity holders entitled to vote overwhelmingly supported the Plan.
- Upon emergence from bankruptcy, which is expected to occur on June 12, 2024 (the “Effective Date”), the following will occur:
Existing common stock will be cancelled. - Court filings and information about the Chapter 11 case are available on a separate website ( https://cases.stretto.com/corenergy ) administered by CorEnergy’s claims agent, Stretto.