Allied Systems Hopes To Transport Forced Ch. 11 To Ga.

Law360, Wilmington (May 22, 2012, 10:15 PM EDT) -- Atlanta-based transporter Allied Systems Holdings Inc. on Monday sought to move the locale of its involuntary Chapter 11 from Delaware to Georgia, claiming convenience and a still-open bankruptcy proceeding there merit the transfer.

In a status conference in Wilmington on Tuesday, U.S. Bankruptcy Judge Christopher S. Sontchi heard from the parties  — all of whom participated by telephone — and said he would consider the venue transfer motion before any others.

Units of private equity firms Black Diamond Capital Partners LLC and Spectrum Investment Partners LP...
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