Responding to European Air Traffic Delays, Court Approves Modifications to Aleris Voting Procedures for Creditor Ballots and Subscription Forms
Apr 20, 2010
BEACHWOOD, Ohio, April 20 /PRNewswire/ -- Aleris International, Inc. a global leader in aluminum rolled products, extrusions and recycling, said today that the U.S. Bankruptcy Court in Delaware agreed to its request to modify the Disclosure Statement Order and Voting Procedures Order so that it could accommodate claims holders impacted by the extensive delays in European air traffic due to volcanic ash.
Acknowledging that air traffic disruption may delay physical delivery of rights offering subscription forms and voting ballots to the claims agent, the Court granted Aleris permission to provide that any holder of a Claim in Europe may submit a ballot or subscription form (other than beneficial owner ballots, which are to be returned to nominees) to claims agent KCC by PDF via electronic mail at KCC_Aleris@kccllc.com or by facsimile to (310) 751-1560.
Under the modified procedure, it is essential that (i) the subscription form or ballot be accompanied by a separate certification (which can be in the email or on the fax cover sheet) that establishes that the form or ballot was executed in Europe and is being sent from Europe and (ii) the creditor sends the executed original to KCC as soon as practicable.
All other requirements of the Disclosure Statement Order and Voting Procedures Order continue to apply, including all applicable deadlines.
Claims information and Court filings, including the proposed Plan and Disclosure Statement are available at www.kccllc.net/Aleris.
This press release is not intended to be, and should not in any way be construed as, a solicitation of votes on the Plan. This press release is not an offering of the rights or equity or debt securities to be offered pursuant to the rights offering. Such securities will not be registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States unless registered under such Act or pursuant to an applicable exemption there from.
Aleris International, Inc. is a global leader in aluminum rolled products and extrusions, aluminum recycling and specification alloy production. Headquartered in Beachwood, Ohio, a suburb of Cleveland, the Company operates over 40 production facilities in North America, Europe, South America and Asia, and employs approximately 6,500 employees. For more information about Aleris, please visit our Website at www.Aleris.com.
SOURCE Aleris International, Inc.