West Hartford, Conn.-based Colt Defense could see its bankruptcy reorganization plan voted on by creditors as early as next week, the Hartford Business Journal reported today. The financially troubled gunmaker received approval of its disclosure plan for its second amended plan of reorganization in federal bankruptcy court on Tuesday. The plan, according to a statement from Colt, reflects a consensus reached among its key stakeholders, including a consortium of secured lenders, Morgan Stanley, the official unsecured creditors’ committee appointed in Colt's bankruptcy case, Sciens Capital Management and the landlord at Colt's West Hartford facility.
