Revstone Fights Ch. 11 Trustee Bid, Citing Leadership Shuffle

Law360, Wilmington (February 06, 2013, 9:00 PM ET) -- An attorney for Revstone Industries LLC told a Delaware bankruptcy judge Wednesday that the manufacturing conglomerate doesn't need a Chapter 11 trustee to take over its case, citing recent corporate governance changes at the company.

At a court hearing in Wilmington, Revstone attorney Laura Davis Jones of Pachulski Stang Ziehl & Jones LLP responded to a trustee motion filed Monday by the company’s unsecured creditors’ committee — which suspects Revstone’s founder and chairman may be using family trusts to shield assets from creditors — saying all...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required