Monday, January 26, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Reports Second Quarter Results
Smart TVs Could Be Hackers' Next Target
Oculus Forms Virtual-reality Film Studio
Dell Launches Malware Protection and Detection Service
Motorola Returns To The Chinese Market with Three New Phones
LG Display Buys Rights To Use New OLED Technology
Turkish Court Orders Facebook to Remove Pages Insulting Mohammad
Malaysia Airlines And Russian Dating Sites Topface Websites Hacked
Active Discussions
Sound card for my Laptop
full screen wide screen
Hi
About the restriction problem of chapter quantity in DVD
Booktype utilities for LiteON and OEM DVD Recorders
downgrade a nero vision 5 project to nero vision 2
what is the minimum burning speed
GSA-4163B and bitsetting
 Home > News > General Computing > Tokyo H...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, May 16, 2013
Tokyo High Court Dismissed Creditor Appeals Against Elpida's Reorganization plan


The Tokyo High Court's on May 13 dismissed appeals previously filed by Elpida Memory's creditors in order to stop Elpida's reorganization plan, under which Elpida will join the Micron group of companies.

On February 28, the Tokyo District Court approved the reorganization plan following an Elpida creditor vote in which the creditors voted overwhelmingly to approve the plan. On March 29, certain unsecured creditors of Elpida filed appeals of the District Court's approval order with the Tokyo High Court.

On May 13, 2013, the Tokyo High Court made decisions to dismiss both of the appeals as they were found to be groundless.

"We applaud the Tokyo High Court's ruling," said Micron CEO Mark Durcan. "This is an important milestone on the way to Micron and Elpida joining to become the world's second largest memory provider with the strongest product portfolio in the industry."

The closing of the Elpida-Micron transaction remains subject to the satisfaction or waiver of certain conditions - including recognition of Elpida's reorganization plan by the United States Bankruptcy Court for the District of Delaware.


Previous
Next
Innodisk Releases DDR4 RDIMM For Servers        All News        ECS Introduces Intel 8-Series Chipset Motherboards
Apple's App Store Marks 50 Billionth Download     General Computing News      DivX Releases HEVC Video Profiles

Get RSS feed Easy Print E-Mail this Message

Related News
Micron and ASTAR Data Storage Institute Renew Research Collaboration On STT-MRAM
Micron Introduces Embedded Multichip Package (MCP) Portfolio, Automotive Storage Solutions
Micron, Wave Systems, Lenovo and American Megatrends To Create New Standard to Tackle Pre-boot Threats Within the Supply Chain
Micron Urges Investors To Reject TRC Capital's Unsolicited Tender Offer
Micron Launches SDK For Its Automata Processor
Micron M600 SSD Released With Dynamic SLC Cache
Tessera and Micron Execute New Technology and Patent License Agreements
Micron Announces Monolithic 8Gb DDR3 SDRAM
Micron, SK Hynix May Invest In Taiwan SSD Controller Companies
Micron to Discuss Emerging Memories at 2014 Symposia on VLSI Technology and Circuits
Crucial Starts Sampling DDR4 Server Memory
Micron Releases New Solid State Drive For Data Centers

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .