Court Waits As M. Fabrikant Statement Is Revised

Law360, New York (November 2, 2007, 12:00 AM EDT) -- A ruling on the whether or not to approve the disclosure statement describing a Chapter 11 liquidation plan in M. Fabrikant & Sons Inc.'s bankruptcy proceedings has been postponed for the second time this week.

Plan proponents have been making revisions geared toward addressing concerns raised by the court.

A hearing on the disclosure statement was slated for Friday morning but was adjourned until Nov. 6. The hearing scheduled for Friday was necessary because there were concerns raised at a hearing on the disclosure statement that...
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