Creditors Seek Probe Into Hayes Lemmerz Ch. 11 Plan

Law360, New York (August 13, 2009, 3:29 PM EDT) -- Saying that the plan unfairly benefits secured lenders, unsecured creditors in the bankruptcy of Hayes Lemmerz International Inc. are attempting to halt the progress of a Chapter 11 exit proposal for the automotive wheel maker and have asked the court to appoint an examiner to look into the case.

The official committee of unsecured creditors filed an objection to the approval of a disclosure statement for the proposed plan and a motion requesting the examiner on Tuesday in the U.S. Bankruptcy Court for the District of...
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