Meridian Delays Hearing On Heels Of New Pact

Law360, New York (June 27, 2006, 12:00 AM EDT) -- A bankruptcy court has agreed to push back a hearing related to Meridian Automotive Systems Inc.’s case in anticipation of the beleaguered auto supplier filing a third amended plan of reorganization.

Earlier this week, Meridian asked the U.S. Bankruptcy Court for the District of Delaware to postpone a hearing intended to evaluate the company’s latest disclosure statement and entertain objections to the motion.

The hearing, originally scheduled for June 27, has now been moved to July 17, following the recent “consensual agreement” the company reached with...
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