Vertis Opts for Prepackaged Chapter 11

Vertis has filed a series of first day motions to allow it to continue to operate in the ordinary course during the confirmation process. To this end, Vertis is seeking approval in the United States Bankruptcy Court for Southern District of New York to continue the payment of wages, salaries and other employee benefits, and to uphold all of its commitments under existing client programs. Additionally, the company's plan of reorganization contemplates paying suppliers in full for all obligations. PI