Dayton Superior Eyes Oct. 26 Ch. 11 Emergence

Law360, New York (October 15, 2009, 2:20 PM EDT) -- Commercial construction materials supplier Dayton Superior Corp. won bankruptcy court confirmation of a reorganization plan expected to eliminate $230 million in debt, a development Dayton Superior's chief executive said cleared the way for the company to emerge from bankruptcy before the end of October.

Judge Brendan L. Shannon of the U.S. Bankruptcy Court for the District of Delaware signed off on an order Wednesday confirming Dayton Superior's first amended Chapter 11 plan.

Under the plan, Dayton will get rid of about 65 percent of the total...
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