Approval On The Way For Owens Corning's Exit Plan

Law360, New York (September 19, 2006, 12:00 AM EDT) -- The judge overseeing the Chapter 11 proceedings of building products company Owens Corning signaled in court yesterday that she is close to approving the company’s reemergence plan, paving the way for Owens Corning to emerge from bankruptcy by the end of October.

Judge Judith Fitzgerald of the U.S. District Court for the District of Delaware told the company and its creditors that she would approve the plan in the coming weeks, said Owens Corning spokesman Jason Saragian

“In yesterday’s hearing the judge signaled that she is...
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