Cosco Requests Relief From Automatic Stay

Law360, New York (June 27, 2006, 12:00 AM EDT) -- Dorel Juvenile Group Inc.’s Cosco unit has asked a federal judge to allow the continuation of its patent infringement lawsuit against recently bankrupt ladder maker Werner Co.

In its Friday filing with the U.S. Bankruptcy Court in Delaware, Cosco argued that an automatic stay should not apply in this case because a ruling in its favor would actually benefit both companies.

“Timely resolution of the litigation would be in the best interest of Werner’s creditors and its estate,” Cosco said in court documents. “The longer Werner...
To view the full article, register now.