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Pyxus Ch. 11 Confirmation Hinges On Asset Valuation Reports

August 19, 2020

Law360
By Vince Sullivan

The evidentiary record in tobacco grower Pyxus International’s Chapter 11 plan confirmation trial closed Wednesday, leaving a Delaware bankruptcy judge to determine the appropriate value of the company’s assets amid a battle with equity holders over recovery in the case.

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The equity committee is represented by Marc J. Phillips, Edward L. Schnitzer and David M. Banker of Montgomery McCracken Walker & Rhoads LLP, and Richard J. Corbi of The Law Offices of Richard J. Corbi PLLC.

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