The US Bankruptcy Court approved the combined first amended plan of liquidation and disclosure statement of Francesca's Holdings Corporation on July 20, 2021. The debtor has filed its first amended plan in the Court on May 25, 2021. As per the amended plan, administrative claims of $0.01 million, professional fees, priority tax claims of $1.25 million, priority non-tax claims of $0.59 million and secured claims of $0.24 million shall be paid in full in cash. General unsecured claims of $76.70 million will be recovered 30.2%, i.e., $23.16 million in cash. Intercompany claims shall waive and release each claim. Equity interests shall be cancelled and released without any distribution or retention of any property on account of such equity interests. The plan shall be funded from cash on hand, the promissory note, and all other proceeds, if any, generated from the liquidation of the estate.