Deutsche Bank Objects To New Century Plan

Law360, New York (March 3, 2008, 12:00 AM EST) -- Deutsche Bank National Trust Company has become the latest bank to lodge a protest against the disclosure statement filed by New Century Holdings Inc., filing an objection to the plan that asks the company to provide more information.

In an objection filed on Friday in the U.S. Bankruptcy Court for the District of Delaware, DBNTC formally objected to New Century's disclosure statement, stating that the bank “joins in and adopts the objections previously filed by Wells Fargo Bank, Goldman Sachs Mortgage Company in their entirety as...
To view the full article, register now.