The US Bankruptcy Court approved the second amended joint plan of reorganization of Briggs & Stratton Corporation on December 18, 2020. The debtor has filed its amended plan in the Court on December 16, 2020. As per the amended plan, administrative expense claims, fee claims, unsecured notes indenture Trustee fees and expenses, and DIP claims of $412.5 million and $265 million will be paid full in cash. Priority tax claims and priority non-tax claims against BSC, BGI, ABI, BDI and BST will be paid full in cash. Other secured claims against BSC, BGI, ABI, BDI and BST will be paid full in cash from cash proceeds or return of the applicable collateral. General unsecured claims of BSC will be recovered in the range of 6%-8% while general unsecured claims of BGI an ABI will be recovered in the range of 1%-2% and both will be paid in cash. General unsecured claims of BSI will be paid in cash and General unsecured claims of BST will be recovered 0.1% and be paid in cash. Subordinated securities claims against BSC, BGI, ABI, BDI and BST will be cancelled and receive no distribution. Intercompany interests in BGI, ABI, BDI and BST will be canceled while equity interests in BSC will also be cancelled. The plan will be funded through cash in hand and sale of assets.