Next Steps
Judge Lopez confirmed the plan but ordered the debtors to disclose more details on the affiliations of the reorganized company’s board of directors. While declining to mandate further reporting on creditor release opt-out numbers, he signaled a preference for greater transparency in future Chapter 11 confirmations.
Mosaic is represented by Paul Hastings LLP attorneys Charles Persons, Schlea Thomas, Matthew M. Murphy, Geoffrey M. King, and Michael Jones.
The states are represented by Abigail Rushing Ryan of the National Association of Attorneys General, while the U.S. Trustee’s Office is represented by Ha Minh Nguyen.