On December 5, 2011 Clare Oaks filed a voluntary petition for reorganization under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Illinois “Court”). The Debtors’ case was administered under case number 11-48903 (PSH).

On August 9, 2012, Wells Fargo Bank, N.A, and Sovereign Bank, N.A. (collectively, the “Plan Sponsors”) filed the Plan Sponsors’ Plan of Reorganization Under Chapter 11 of the Bankruptcy Code (the “Plan”, including that certain First Amended Plan of Reorganization Under Chapter 11 of the Bankruptcy Code, dated August 23, 2012, that certain Second Amended Plan of Reorganization Under Chapter 11 of the Bankruptcy Code, dated as of September 11, 2012, and that certain Third Amended Plan of Reorganization under Chapter 11 of the Bankruptcy Code, dated as of September 13, 2012). On August 23, 2012, the Plan Sponsors filed the Disclosure Statement For Plan Sponsors’ Plan of Reorganization Under Chapter 11 of the Bankruptcy Code (the “Disclosure Statement”, including that certain Amended Disclosure Statement For Plan Sponsors’ Plan of Reorganization Under Chapter 11 of the Bankruptcy Code, dated as of September 11, 2012, and that certain Second Amended Disclosure Statement For Plan Sponsors’ Plan of Reorganization Under Chapter 11 of the Bankruptcy Code, dated as of September 13, 2012). By an Order dated September 13, 2012 (the “Disclosure Statement Order”), the Bankruptcy Court approved the Disclosure Statement.

On November 15, 2012, the Bankruptcy Court entered an order confirming the Plan. The Notice of Entry of the Confirmation Order can be found by clicking here.

Copies of the Plan, order confirming the Plan, and final claims register are available by clicking the links on the left.