Werner's Trustee Objects To Conversion Motion

Law360, New York (August 1, 2007, 12:00 AM EDT) -- The U.S. Trustee overseeing Werner Holding Co. Inc.'s Chapter 11 proceedings has asked a judge to deny the official committee of unsecured creditors' motion to convert the case to a Chapter 7 liquidation.

U.S. Trustee Kelly Beaudin Stapleton filed her objection Tuesday in the U.S. Bankruptcy Court for the District of Delaware. A hearing on the conversion motion had been slated for Wednesday, but was adjourned to Aug. 23, court papers said.

The trustee argued that an agreement reached to quell the committee's objection to an...
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