Shiloh Industries, Inc., along with its affiliates, filed a joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on February 19, 2021. As per the plan filed, administrative claims, statutory fees, professional compensation claims, priority tax claims and priority claims will be paid full in cash. Other secured claims will be either paid full in cash or through collateral securing the claim. Prepetition credit agreement claims will be paid through pro rata share of class 3 distributable funds. General unsecured claims will be paid through pro rata share of unencumbered cash and share of the proceeds of any shared assets based upon any contribution split. All stock interests of any of the debtors will be cancelled. The plan will be funded through cash in hand and proceeds from sale of assets.