BroadVision, Inc. filed a pre-packaged plan of reorganization with related disclosure statement in the US Bankruptcy Court on March 30, 2020. As per the plan filed, administrative claims, U.S. Trustee fees, priority tax claims, professional compensation claims and general unsecured claims shall be paid in cash. Secured claims shall be paid in full in cash or the collateral securing its allowed secured claim and payment of any interest required under section 506(b) of the bankruptcy code or reinstatement of such allowed secured claim or such other treatment rendering such allowed secured claim unimpaired. Other priority claims shall receive cash or such other treatment as discussed by the parties. Equity interests and other interests shall be cancelled. The plan will be funded from available cash, sale of assets and 1,000 shares of new equity of the reorganized debtor shall be issued to ESW, representing 100% of the equity of the reorganized debtor.