Truck Transporter On Road To Ch. 11 Emergence

Law360, New York (October 13, 2008, 12:00 AM EDT) -- A judge has confirmed truck transporter JHT Holdings Inc.’s reorganization plan, allowing the troubled company to inch closer to emerging from bankruptcy protection.

In a finding of fact filed Thursday, four months after the company filed for Chapter 11, Judge Brendan Linehan Shannon of the U.S. Bankruptcy Court for the District of Delaware approved the company’s second amended plan.

In court documents, the company said it was working to consummate the plan and hoped for it to be effective on or before Oct. 22.

Separately, the...
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