US Trustee, Others Knock Fleetwood Disclosure

Law360, New York (April 5, 2010, 1:09 PM EDT) -- Fleetwood Enterprises Inc.'s disclosure statement has prompted several objections, in particular from the U.S. trustee, who says it doesn't include enough financial information for creditors to make a fair appraisal of the bankrupt recreational vehicle company's plan of reorganization.

The company, which also sold prefabricated houses, hasn't put out enough details about its current balance sheet or projections of its financial condition upon confirmation of the plan, according to the trustee's objection filed Wednesday in the U.S. Bankruptcy Court for the Central District of California....
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