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Medley Creditors Want To File Ch 11 Plan Of Their Own

ADVERTISEMENT Medley Creditors Want To File Ch. 11 Plan Of Their Own Law360 (July 2, 2021, 9:01 PM EDT) Medley LLC s unsecured creditors have asked a Delaware bankruptcy court for permission to replace the asset management company s unconfirmable Chapter 11 plan with their own wind-down vision in order to stave off an insider s purported bid to wrest control of the company s insolvency. In a motion filed Thursday, a committee of unsecured creditors expressed fears that Medley parent Medley Management Inc. and principals Brook Taube and Seth Taube are trying to place the Chapter 11 case under the control of an insider entity, Medley Capital, for their own benefit. The committee s motion seeks to terminate the period in which only Medley LLC,.

12 Financials Stocks Moving In Friday s After-Market Session

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Sierra Income Corporation Announces Q2 2021 Distributions

Sierra Income Corporation Announces Q2 2021 Distributions News provided by Share this article Share this article NEW YORK, April 29, 2021 /PRNewswire/ Sierra Income Corporation ( Sierra or the Company ) today announced that, on April 28, 2021, its Board of Directors (the Board ) declared a series of monthly distributions for April, May, and June 2021 of $0.010 per share. Stockholders of record as of each respective record date will be entitled to receive the distribution. Below are the details for each respective distribution: Amount Per Share   June 30, 2021 The Board also authorized a share repurchase program, pursuant to which the Company intends to conduct quarterly share repurchases, beginning in the second quarter of 2021, of the lesser of (i) the number of shares of common stock, par value $0.0001 per share (the Shares ), that the Company can purchase with the proceeds received under the Company s distribution reinvestment plan from the prior quarter; or (ii) 2.

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