MatlinPatterson Global Opportunities Partners II L

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ) In re: ) Chapter 11 ) MatlinPatterson Global Opportunities Partners II L.P., et al., ) Case No. 21-11255 (DSJ) ) Debtors.1 ) (Jointly Administered) ) BENCH DECISION CONDITIONALLY APPROVING SETTLEMENT BETWEEN VRG AND DEBTORS (ECF No. 494) AND DENYING VARIGLOG’S MOTION TO CONVERT (ECF No. 178)2 DAVID S. JONES UNITED STATES BANKRUPTCY JUDGE The Court rules as follows with respect to (i) Debtors’ motion for approval of a proposed settlement agreement with VRG, docketed at ECF No. 494, and (ii) the motion to convert [ECF No. 178] filed…