Revstone Creditors Say Ch. 11 Acrimony Warrants Trustee
By Matt Chiappardi
Law360, Wilmington (November 21, 2013, 5:05 PM EST) -- The official committee of unsecured creditors in the contentious Revstone Industries LLC bankruptcy requested Wednesday that a Chapter 11 trustee be appointed to oversee the case, citing nearly a year of unrelenting acrimony that has bogged down the proceedings since shortly after the auto parts conglomerate sought court protection.
In a motion before the Delaware bankruptcy court, the committee chronicled the history of the case, in which nearly every significant step has been fraught with some sort of battle or dispute.