Judge Grants Werner More Time To Solve Fee Spat

Law360, New York (February 7, 2007, 12:00 AM EST) -- A federal bankruptcy judge is hoping that some extra time will help end a fight that has broken out between Werner Co.’s financial advisor and the ladder maker’s unsecured-creditors committee over a $1.39 million fee payment.

On Monday, Judge Kevin J. Carey of the U.S. Bankruptcy Court in Wilmington gave Rothschild Inc. and the committee until February 21 to bury the hatchet.

Werner, which bills itself as the world's leading manufacturer of ladders and climbing equipment, filed for Chapter 11 bankruptcy protection in June as part...
To view the full article, register now.