The US Bankruptcy Court approved the first amended joint plan of liquidation of YogaWorks, Inc. on May 5, 2021. The debtor has filed its first amended joint plan in the Court on March 17. 2021. As per the amended plan, administrative claims, statutory fees, professional compensation claims and priority tax claims will be paid full in cash. General unsecured claims of $17 million will be recovered 2% i.e. $0.34 million and will be paid through pro rata share of GUC cash and proceeds or property derived from the retained assets. Convenience claims of $0.03 million will be recovered 3% and will be paid in cash. All equity interests will be cancelled. The plan will be funded through cash in hand, proceeds from sale of assets, advance from GHP in the total amount of $1.62 million and payment of $0.10 million from Serene.