Building Materials' Creditors Balk At New Disclosure

Law360, New York (October 6, 2009, 6:28 PM EDT) -- The creditors committee is objecting to a disclosure statement filed by Building Materials Holding Corp., saying it does not have enough time to review the document. But the debtors have countered that the creditors are simply unhappy with the lesser distribution they will receive and are trying to delay the proceedings.

In papers filed Monday with the U.S. Bankruptcy Court for the District of Delaware, the official committee of unsecured creditors said Wednesday's disclosure statement hearing should be pushed back until Nov. 19, or in the...
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