Revstone Industries Creditors Demand Ch. 11 Trustee

Law360, Wilmington (February 5, 2013, 8:08 PM EST) -- Unsecured creditors of Revstone Industries LLC moved to appoint a Chapter 11 trustee over the manufacturer's bankruptcy on Monday amid their investigation of the company's owner and chairman, George S. Hofmeister.

The motion, filed in Delaware bankruptcy court by Revstone’s official committee of unsecured creditors, did not explain the committee’s basis for the appointment, which was filed under seal in a separate memorandum.

The move, however, appears to be connected to the committee’s investigation of Hofmeister over suspicions that he may be using personal trusts to...
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