Conn’s Bankruptcy Plan Confirmed, Judge Overrules Trustee Objections in $1.95B Liquidation

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A Liquidation Roadmap With Precedent-Setting Implications

The ruling allows Conn’s to execute its third — and final — Chapter 11 plan, despite fierce regulatory scrutiny. The second amended plan of distribution survived challenges thanks to meticulous adjustments addressing earlier concerns.

Only the Trustee’s objections remained at the final hearing, and even those were narrowed through pre-hearing negotiations.

Conn’s legal team from Sidley Austin LLP included Duston McFaul, Jeri Leigh Miller, Maegan Quejada, and Jackson T. Garvey.

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