📌#FTX The proposed "Creditors Voting Procedure" process and time schedule has been submitted to the court for reference only. The court will make adjustments based on this at the hearing:
① Disclosure Statement Hearing Date: June 25
Instructions: Approve the "Disclosure Statement", solicit procedural proposals, ensure compliance with bankruptcy law requirements, and provide sufficient information for subsequent voting procedures;
② Voting Record Date: June 25
Instructions: Determine which creditors and equity holders are eligible to vote;
③ Email Delivery Deadline: July 10
Instructions: The last date for the debtor to send voting packages and related documents to creditors, ensuring that all relevant parties can receive the necessary information within the prescribed time so that they can vote on the plan or raise objections;
④ Rule 3018 Motion Submission Deadline: July 16
Instructions: If a creditor requests temporary permission or changes to his voting rights, the motion must be submitted before this date. Resolve disputes before the formal vote to ensure the fairness and accuracy of the vote.
⑤ Deadline for submission of supplementary documents to the plan: August 9
Note: Submit supplementary documents to the plan;
⑥ Deadline for submission of confirmation objections: August 16
Note: All objections must be submitted to the court and delivered to the relevant notified parties;
⑦ Deadline for voting: 4:00 p.m. on August 16 (Eastern Time)
Note: All votes must be properly executed, completed and delivered before this date;
⑧ Deadline for voting report: 7 days before the confirmation hearing
Note: Submit voting result report;
⑨ Deadline for replying to confirmation objections: 7 days before the confirmation hearing
Note: Deadline for submitting replies to objections;
⑩ Proposed date for confirmation hearing: October 7, 10:00 a.m. (Eastern Time) [tentative]
Note: The hearing date for the court to consider confirming the reorganization plan;
Combined with the above time analysis:
If the legality of the "disclosure statement" is approved on June 25, the creditor vote will be opened between July 17 and August 16, and the plan will be confirmed in early October!
