Revstone Creditor Loses Bid To Convert Cases To Ch. 7

Law360, Wilmington (September 16, 2013, 6:45 PM ET) -- A Delaware bankruptcy judge on Monday denied a request by Boston Finance Group LLC to convert the cases of two subsidiaries of debtor   Revstone Industries LLC from Chapter 11 to Chapter 7 proceedings, ruling that conversion would soak up so much time and money that stakeholders' potential recoveries could be put at risk.

U.S. Bankruptcy Judge Brendan L. Shannon said that having the cases for the estates of auto parts makers Greenwood Forgings LLC and U.S. Tool & Engineering LLC turned into Chapter 7 proceedings...
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Case Information

Case Title

Revstone Industries, LLC


Case Number

1:12-bk-13262

Court

Delaware

Nature of Suit

Date Filed

December 2, 2012


Case Title

Metavation


Case Number

1:13-bk-11831

Court

Delaware

Nature of Suit

Date Filed

July 22, 2013

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