Judge Grants More Time To Warring Werner Parties

Law360, New York (March 21, 2007, 12:00 AM EDT) -- After numerous extensions, a federal bankruptcy judge has set aside another few weeks for Werner Co.’s financial advisor and the ladder maker’s unsecured-creditors committee to put an end to the feud that erupted over a $1.39 million fee payment.

On Monday, U.S. Bankruptcy Judge Kevin Carey gave the parties until April 10 to finalize a settlement after both sides revealed that they were nearing a resolution.

"Appearing that the relief requested is in the best interests of the above-captioned debtors and debtors-in-possession, their estates and creditors,...
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