Ex-Point Blank CEO Fights Deregistration Plan

Law360, New York (April 8, 2011, 3:34 PM EDT) -- The convicted ex-CEO of Point Blank Solutions Inc.'s predecessor company on Friday appealed a Delaware bankruptcy judge's order approving Point Blank's settlement with the U.S. Securities and Exchange Commission and authorizing the body armor manufacturer to deregister.

L. Jason Cornell of Fox Rothschild LLP lodged former DHB Industries Inc. head David Brooks' notice of appeal in the U.S. Bankruptcy Court for the District of Delaware, alerting the court that Brooks was taking his challenge of Judge Peter J. Walsh's March 29 order to the U.S. District...
To view the full article, register now.