Res 1993-185 - Laserfiche WebLink

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/ fo]) - " . The Plan Proponents have promulgated the Plan consistent with the provisions of the Bankruptcy Code. The purpose of the Plan is to provide the maximum recovery to each Class of Claims in light of the assets available fc~ distribution to Creditors. The Plan Proponents believes that the Plan permits the affected Creditors to receive distributions not less than the amount such Creditors would receive if the Debtor was liquidated unde~ Chapter 7 of the Bankruptcy Code. This Disclosure Statement is not intended to replace careful review and analysis of the Plan. Rather, it is submitted as an aid and supplement in - ~.~ your review of the Plan and an effort to explain the terms and implications of the Plan on file with the Court. Every effort has been made to explain fully the various aspects of the Plan as it may affect all Creditors and Equity Interest holders. If you have any questions, the Plan Proponents urge you to contact HealthVest's or the Debtor's legal counsel and every effort will be made to assist you. On , 1993, after notice and a hearing, the Bankruptcy Court, Honorable Larry E. Kelly presiding, entered an order approving the Disclosure Statement as containing information of a kind and in sufficient detail, adequate to enable Creditors whose votes on the Plan are being solicited to make an informed judgment whether to accept or reject the Plan. - Creditors entitled to vote on the Plan should read this Disclosure Statement in its entirety prior to voting on the Plan. No solid tation of votes on the Plan may be made, except pursuant to this Disclosure Statement and Bankruptcy Code § 1125. No other party has been authotized to utilize any information concerning the Debtor or the business of the Debtor, other than the information contained in this Disclosure Statement, to solicit votes on the Plan. Creditors should not rely on any information relating to the Debtor or its business, other than that contained in this Disclosure Statement and the Exhibits attached hereto. EXCEPT AS SET FORTH IN THIS DISCLOSURE STATEMENT AND THE APPENDIX, NO REPRESENTATIONS CONCERNING THE DEBTOR, THE ASSETS, THE PAST OR FUTURE OPERATIONS OF THE DEBTOR, OR THE PLAN ÀR.E AUTHORIZED, NOR ARE ANi suæ REPRESENTATIONS TO BE RELIED UPON IN ARRIVING AT A DECISION WITH RESPECT TO THE PLAN. ANi REPRESENTATIONS MADE TO SECURE ACCEPTANCE OR REJECTION OF THE PLAN OTHER THÄN AS CONTAINED IN THIS DISCLOSURE STATEMENT SHOULD BE REPORTED TO COUNSEL FOR HEALTHVEST. THERE HAS BEEN NO INDEPENDENT AUDIT OF THE FINANCIAL INFORMATION CONTAINED IN THIS DISCLOSURE STATEMENT. EXCEPT AS OTHERWISE INDICATED, THE PLAN PROPONENTS ARE NOT ABLE TO WÀRRÀN'T OR, REPRESENT THAT THE INFORMATION CONTAINED HEREIN IS WITHOUT AN'f INACCU'RACY. HOWEVER, THE PLAN PROPONENTS HAVE MADE EVERY EFFORT TO ASSURE THAT THE . - 3 - a-20155