IT IS HEREBY ADJUDGED and DECREED that the below described is SO ORDERED.
Dated: May 29, 2003 /s/ FRANK R. MONROE
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FRANK R. MONROE
UNITED STATES BANKRUPTCY JUDGE
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UNITED STATES BANKRUPTCY COURT
WESTERN DISTRICT OF TEXAS
IN RE: ss.
ss. CASE NO. 02-14222FM XETEL CORPORATION ss. Chapter 11
ORDER CONFIRMING FIRST AMENDED PLAN OF LIQUIDATION
FOR XETEL CORPORATION AS MODIFIED UNDER CHAPTER 11, TITLE 11,
UNITED STATES CODE
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CAME ON FOR CONSIDERATION the First Amended Plan of Liquidation for
XeTel Corporation, as Amended, Under Chapter 11, Title 11, United States Code,
as modified by the First Modification filed by Debtor on May 16, 2003 (the
"Plan"). The Plan has been submitted for confirmation by the Debtor and the
Official Committee of Unsecured Creditors in the above-captioned Chapter 11
case ("Debtor") and was the subject of a confirmation hearing held on May 19,
2003.
IT APPEARING TO THE COURT that the proposed Disclosure Statement and
Plan of Reorganization were filed by the Debtor on February 18, 2003; hearings
were held on the adequacy of the proposed Disclosure Statement on April 14,
2003, that the Amended Disclosure Statement with respect to First Amended Plan
of Liquidation, Under Chapter 11, Title 11, United States Code (the "Disclosure
Statement") was approved by the Court by Order dated April 16, 2003.
IT FURTHER APPEARING TO THE COURT that the Debtor and the Committee on
May 16, 2003 filed non-material modifications to the Plan;
IT FURTHER APPEARING TO THE COURT that Disclosure Statement and Plan
were transmitted to the holders of claims on April 16, 2003, acceptances and
rejections of the Plan were solicited and obtained; according to the vote and
results announced by the Debtor, the Plan was accepted by all impaired Classes
except Class III, and Class V (Equity Intents), which was deemed to reject the
Plan;
IT FURTHER APPEARING TO THE COURT that only the Comptroller of th ...
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