The Deal reports that the United States Bankruptcy Court for the Southern District of New York has approved U.S. Energy Systems, Inc.'s Disclosure Statement

USES eyes October emergence

The Deal

Scott Bernstein, bankruptcy counsel for U.S. Energy Systems, Inc., confirmed for The Deal that U.S. Energy Systems, Inc.'s Disclosure Statement has been approved by the United States Bankruptcy Court for the Southern District of New York and that the company expects its liquidating Chapter 11 plan to become effective in October of this year. Bernstein's bankruptcy practice focuses primarily on representation of corporate debtors, official committees of unsecured creditors, secured and unsecured creditors, and other parties in interest in Chapter 11 bankruptcies.