Insurers Seek Changes In Chapter 11 Liquidation Plan Of Avon Affiliates

( May 13, 2025, 3:00 PM EDT) -- WILMINGTON, Del. — A Delaware federal bankruptcy judge should not approve the disclosure statement for the Chapter 11 plan of liquidation for the U.S. divisions of cosmetics giant Avon unless the debtors correct their proposed plan voting and solicitation procedures and confirmation schedule to allow more time for review of the plan, the debtors’ insurers say in a May 12 objection to the plan and two joinders....

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