Chemtura Sues Supplier Over Frozen Shipment

Law360, New York (June 2, 2009, 12:00 AM EDT) -- A subsidiary of bankrupt chemical producer Chemtura Corp. has filed an adversary complaint against one of its suppliers in order to enforce the delivery of a shipment of phosgene, a chemical Chemtura says it needs to continue manufacturing a flame-retardant material.

Chemtura unit Great Lakes Chemical Corp. lodged the adversary proceeding on Monday in the U.S. Bankruptcy Court for the Southern District of New York, seeking a judgment that supplier VanDeMark Chemical Inc. violated the automatic stay by refusing to perform a post-petition contract, injunctive relief...
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