Successful Reorganization of Ameridian Industries

Jay Kornfeld, Aimee Willig, and Richard Keeton of Bush Kornfeld represented Ameridian Industries, a dealer and repair/rebuild business in the construction heavy machinery segment, in its recent Chapter 11 case. The Chapter 11 case culminated in the successful confirmation of a Plan of Reorganization. Under the Plan, Ameridian’s business continues uninterrupted, its secured and unsecured obligations, totaling almost $20 million, are restructured, and the equity ownership remains unchanged