Loyalty Ventures’ confirmed Chapter 11 plan became effective on June 2, 2023, after all conditions precedent were satisfied or waived. The debtors filed a Notice of Occurrence of the Effective Date tying effectiveness to the First Amended Combined Disclosure Statement and Joint Chapter 11 Plan at Dkt. 200 and the April 27 confirmation order at Dkt. 218.

The notice matters because it turns the confirmed plan from court-approved paper into the operative restructuring framework: the plan and plan supplement became immediately effective, enforceable, and binding on the debtors, the liquidating trust, and holders of claims or interests. It also starts near-term claims administration deadlines: administrative claim requests, other than specified excluded categories such as DIP facility claims, professional fee claims, and section 503(b)(9) claims, are due 30 days after the effective date, while final professional fee applications are due 45 days after the effective date. Missed administrative claims are barred and discharged under the notice’s stated consequences.