AMENDMENT TO EXHIBIT D OF PLANSUPPLEMENT

EX-2.3 5 a03-3033_1ex2d3.htm EX-2.3

EXHIBIT 2.3

 

UNITED STATES BANKRUPTCY COURT

 

 

SOUTHERN DISTRICT OF NEW YORK

 

 

                                                                                    X

 

 

 

 

Chapter 11

 

 

 

In re:

 

 

 

 

Case Nos.

METROMEDIA FIBER NETWORK, INC., et al.,

Debtors.

 

02-22736 (ASH) through
02-22742 (ASH); 02-22744
(ASH) through 02-22746
(ASH); 02-22749 (ASH); 02-
22751 (ASH) through 02-22754
(ASH)

 

 

 

 

 

(Jointly Administered)

                                                                                    X

 

 

 

AMENDMENT TO EXHIBIT D OF PLAN SUPPLEMENT

 

Pursuant to Article XIV.L of the Second Amended Plan of Reorganization of Metromedia Fiber Network, Inc. et al. (the “Plan”), the Debtors filed a Plan Supplement consisting of, among other items, Exhibit D, which contained information concerning the proposed directors of Reorganized MFN.  Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Plan. The Debtors hereby amend Exhibit D of the Plan Supplement to add the information contained in the following two paragraphs.

 

In accordance with the Plan, the board of directors of Reorganized MFN (the “Board”) shall have seven members who shall be designated as follows:  one member of the Board shall be the Chief Executive Officer of Reorganized MFN, one member shall be designated by the Kluge Trust and five members shall be designated by the Committee.   At the time the Debtors filed the Plan Supplement, the Committee had not yet informed the Debtors of four of its designees.  The Debtors are amending Exhibit D of the Plan Supplement to disclose the additional four persons designated by the Committee to be members of the Board.  The four additional Committee designees are:

 



 

•                  Dennis O’Connell,

•                  Jeffrey Brodsky,

•                  Richard Shorten and

•                  Richard Postma.

 

Thus, as of the Effective Date, the Board will be comprised of the following seven members:

 

•                  John Gerdelman,

•                  Stuart Subotnick,

•                  Michael J. Embler,

•                  Dennis O’Connell,

•                  Jeffrey Brodsky,

•                  Richard Shorten and

•                  Richard Postma.

 

The Debtors reserve the right to modify or amend each exhibit to this Amendment to the Exhibit D of the Plan Supplement, as necessary either before or after confirmation of the Plan.

 

Dated:

New York, New York

 

KRONISH LIEB WEINER & HELLMAN LLP

 

August 28, 2003

 

1114 Avenue of the Americas

 

 

New York, New York 10036

 

 

(212) 479-6000

 

 

 

 

 

By:

/s/ Lawrence C. Gottlieb

 

 

 

 

Lawrence C. Gottlieb (LG 2565)

 

 

 

 

 

 

 

 

Counsel for the Debtors and

 

 

Debtors in Possession

 

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