Judge Brendan L. Shannon of the United States Bankruptcy Court for the District of Delaware entered an order confirming the Second Amended Joint Plan of Reorganization for Motor Coach Industries (MCI) and certain of its affiliated companies. MCI expects the plan to become effective and to emerge from Chapter 11 by the end of February.
"Today marks an important milestone in the restructuring of MCI and sets us on course as an even stronger and more competitive company," said Tom Sorrells, MCI’s president/CEO.
