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Verso’s Plan of Reorganization Confirmed by Bankruptcy Court

Emergence from bankruptcy expected by end of July.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Verso Corporation completed another important step toward its emergence from bankruptcy when its Chapter 11 plan of reorganization was confirmed by the US Bankruptcy Court in the District of Delaware. This confirmation, which comes less than five months after Verso and its subsidiaries filed for bankruptcy protection under Chapter 11 of the US Bankruptcy Code, clears the way for Verso to emerge from bankruptcy, likely by the end of July.   “Verso is extremely pleased with this speedy and succe...

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