The US Bankruptcy Court approved the second amended plan of reorganization of First NBC Bank Holding Company on May 15, 2020. The debtor has filed its second amended plan in the Court on July 2, 2019. As per the amended plan, administrative expense claims, fee claims of professionals, ordinary course liabilities, quarterly fees and priority tax claims of $0.08 million shall be paid full in cash. Priority NQDC claims of $0.07 million shall be paid full in cash. Allowed general unsecured claims of $66.41 million will get recovery of 7% in cash and subordinated 510(b) Claims have estimated allowed claims of $0. Equity interests, Series D preferred equity and Series E preferred equity shall remain unaltered under the plan. STA Secured Claims, RCC Secured Claims and NQDC Secured Claims of estimated allowed claim of $0 shall receive nothing under the Plan, except the surrender of any collateral subject to a perfected, valid, non-voidable security interest securing such claim. The plan will be funded through available cash in hand, exit facility of $4 million and liquidation of litigation and distribution trust assets.