Today, Monday, March 8, 2010 Arbonne announced that they have completed the Prepackaged Financial Restructuring through Chapter 11 Bankruptcy.
The Pre-packaged Plan of Reorganization was confirmed by the U.S. Bankruptcy Court in Wilmington, Delaware, on February 22, 2010, and became effective on March 5, 2010.
What this means is Arbonne has officially emerged from the Financial Restructuring through Chapter 11 Bankruptcy.
Congratulations to Arbonne and all those Consultants who believed and stayed the course.
Now on to a great NTC and the largest product launch in Arbonne history.
A great way to celebrate 30 years!
Click here for more information and the official press release.
© 2010, VoiceWind. . .Greg Loveless. All rights reserved.
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Arbonne Completes Financial Restructuring through Chapter 11 Bankruptcy, 5.0 out of 5 based on 2 ratings
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Posted in Arbonne, Bankruptcy.
Tagged with Arbonne, Arbonne bankruptcy, arbonne completes restructuring, arbonne restructuring, bankruptcy court, chapter 11 bankruptcy, Court, Delaware, financial restructuring, plan of reorganization, Pre-packaged, product launch, Reorganization, Restructuring, U.S. Bankruptcy, Wilmington, wilmington delaware.
By Greg Loveless
– March 8, 2010
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