Herrick Can't Access Info In Almatis Ch. 11: Judge

Law360, New York (November 29, 2010, 2:18 PM EST) -- Less than two months after a bankruptcy judge approved Almatis BV's Chapter 11 plan, three junior lenders have lost their bid to retain certain confidential materials related to the valuation of the company in order to share them with their new co-counsel, Herrick Feinstein LLP.

Judge Martin Glenn of the U.S. Bankruptcy Court for the Southern District of New York on Wednesday rejected the three junior lenders' request for an order granting Herrick access to these materials — to which their counsel Schulte Roth & Zabel...
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