DALLAS - The U.S. Court of Appeals for the Fifth Circuit delayed reorganization plans for MCorp and two units, MCorp Financial and MCorp Management, pending a hearing on an appeal filed by some creditors.

MCorp said the appeal is expected to be heard by the court the week of Jan. 3.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.