DESA Bankruptcy Converted To Ch. 7 Liquidation

Law360, New York (August 4, 2010, 4:01 PM EDT) -- Heater and specialty tool maker DESA Heating LLC has won a bid to convert its bankruptcy from Chapter 11 to a Chapter 7 liquidation after telling a court it would be unable to offer a viable reorganization plan.

Judge Mary F. Walrath of the U.S. Bankruptcy Court for the District of Delaware granted DESA's motion to convert its bankruptcy to Chapter 7 on Monday.

In the motion, filed June 29 by Laura Davis Jones, Bruce Grohsgal and Curtis A. Hehn of Pachulski Stang Ziehl & Jones...
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