If you want it in words, click here. It starts like this…
Allied Nevada to Implement Financial Restructuring
–
Files voluntary, “pre-arranged” chapter 11 cases – Restructuring
supported by majority of creditors and includes a cash injection of $78
million – Daily operations expected to continue unaffected with no
interruption in business – New capital structure to provide liquidity
and support growth
…and is a jolly read for a Tuesday morning.
If you want it in an easy to recall image..