Rowe Trustee Sets Sights On Ch. 7 Conversion

Law360, New York (September 17, 2007, 12:00 AM EDT) -- The Rowe Cos.’ disclosure statement has been approved, but now the trustee overseeing the bankruptcy wants to convert it from Chapter 11 to Chapter 7 because, he says, the company has failed to live up to its obligations under Chapter 11.

In approving Friday the statement, which the company had filed on Wednesday alongside the fourth incarnation of its reorganization plan, Judge Stephen Mitchell of the U.S. Bankruptcy Court for the Eastern District of Virginia set an Oct. 12 deadline for the filing of objections to...
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