Responding to European Air Traffic Delays, Court Approves Modifications to Aleris Voting Procedures for Creditor Ballots and Subscription FormsBy Aleris International Inc., PRNE
Monday, April 19, 2010
BEACHWOOD, Ohio, April 20, 2010 - 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 +1-310-751-1560.
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.
(Logo: www.newscom.com/cgi-bin/prnh/20050504/CLW056LOGO )
Melissa Olmstead, Aleris International, Inc., +1-216-910-3513
Tags: Aleris International Inc, April 20, Beachwood, Ohio, Scandinavia, Western Europe