NEW YORK, Feb. 25, 2021 /PRNewswire/ -- The following
statement is being issued by Prime Clerk LLC regarding the Imerys
Chapter 11.
If you have a Talc Personal Injury Claim, your rights are affected
by an upcoming vote on a plan of reorganization.
If you have a Talc Personal Injury Claim, your rights
are affected by an upcoming vote on a plan of reorganization (the
"Plan") as part of the chapter 11 proceedings of Imerys Talc
America, Inc., Imerys Talc Vermont, Inc. and Imerys Talc
Canada Inc. (collectively, the "North American
Debtors"). Imerys Talc Italy S.p.A ("ITI") may
also file (but has not yet filed) a chapter 11 case in the United States. "Debtors" means the
North American Debtors and, if it files a chapter 11 case before
the Plan is confirmed, ITI. Capitalized terms used but not
otherwise defined herein have the meanings ascribed to them in the
Plan, which is available at ITArestructuring.com (the "Case
Website").
The Debtors filed a Disclosure Statement (available at the Case
Website) containing information that will help you decide how to
vote on the Plan, which proposes to set up a trust to resolve all
Talc Personal Injury Claims. Your legal rights will be affected if
the Plan is approved.
Only holders of "Talc Personal Injury Claims," or their
attorneys on their behalf, are entitled to receive a ballot to vote
on the Plan.
Holders of Claims and Equity Interests in all other Classes
under the Plan are presumed to accept the Plan, because they are
either Unimpaired by the Plan or are Plan Proponents.
If you have a Talc Personal Injury Claim, you or your attorney
on your behalf, as permitted by the Voting Procedures, have the
right to vote on the Plan. The deadline by which ballots must be
received by the Debtors' solicitation agent, Prime Clerk LLC
("Prime Clerk") is March 25,
2021 at 4:00 p.m. ET. If
you are unsure whether your attorney is authorized to vote on your
behalf, please contact your attorney. Both the Tort Claimants'
Committee and the representative of future talc claimants support
the Plan.
If the Plan is approved by the Bankruptcy Court and the
District Court, all Talc Personal Injury Claims will be channeled
to the Talc Personal Injury Trust and resolved pursuant to the
Trust Distribution Procedures. If you are the holder of (a) a Talc
Personal Injury Claim and you vote to accept the Plan, (b) a Claim
that is presumed to accept the Plan, (c) a Talc Personal Injury
Claim and you vote against the Plan and do not opt out of the
releases, or (d) a Talc Personal Injury Claim entitled to vote for
or against the Plan and you do not vote for or against the Plan and
do not opt out of the releases provided in the Plan (subject to
certain limitations described in the Plan), you will be presumed to
grant the "Releases by Holders of Claims" set forth in Article XII
of the Plan. Please read the Plan and other Plan Documents
carefully for details about how the Plan, if approved, will affect
your rights.
You have the right to object to the Plan. The deadline to
file an objection is May 28, 2021 at
4:00 p.m. ET. There are
requirements that must be followed to file an objection, which are
set forth in the Voting Procedures Order. Objections received after
the deadline may not be considered by the Bankruptcy Court and may
be deemed overruled without further notice. You can obtain
additional information or instructions, review the Plan Documents,
or obtain a solicitation package with a ballot to vote, by
contacting Prime Clerk.
Imerys Ballot Processing Center
c/o Prime Clerk
LLC, One Grand Central Place
60 East 42nd Street, Suite
1440, New York, NY 10165.
Visit: ITArestructuring.com
Request More
Information: imerysinfo@primeclerk.com
Request
Ballot with Solicitation Package to Vote on the
Plan:
imerysballotrequests@primeclerk.com
Call: (844) 339-4096 (Toll-Free) / +1 347 919 5767
(International)
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content:http://www.prnewswire.com/news-releases/think-youve-been-harmed-by-products-containing-talc-your-rights-may-be-affected-and-your-injury-claims-may-be-eliminated-your-vote-will-help-determine-how-injury-claims-are-treated-301234040.html
SOURCE Prime Clerk LLC