WorkflowOne Announces Plan of Reorganization, Expects to Emerge from Bankruptcy This Week
Anticipates emergence from Chapter 11 on or about March 2
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"We are very pleased to have reached this milestone bringing us closer to emergence from the Chapter 11 process," said Dave Davis, CEO of Workflow Management. "With our new capital structure, WorkflowOne will emerge in a much stronger position financially," he said. "We have significantly de-leveraged our balance sheet, streamlined our operations, and continued to reduce costs. Our strengthened financial position gives us added flexibility to invest in our business and provide innovative solutions to our customers. They will benefit from many of the most comprehensive, cost-saving solutions in digital and traditional print, business process outsourcing and promotional marketing available today."
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