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SIGA Technologies plan unanimously approved by unsecured creditors
By Caroline Salls
Pittsburgh, March 28 – SIGA Technologies, Inc.’s first amended Chapter 11 plan was unanimously accepted by voting creditors, according to a voting report filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.
Specifically, all 18 holders of $206.73 million in general unsecured claims voted to accept the plan.
Based in New York, SIGA Technologies develops and commercializes solutions for serious unmet medical needs and biothreats. The company filed for bankruptcy on Sept. 16, 2014 under Chapter 11 case number 14-12623.
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