Le-Nature's Creditors Seek Ch. 11 Plan Hearing Delay

Law360, New York (April 16, 2007, 12:00 AM EDT) -- Creditors and lenders of Le-Nature's Inc. are seeking to delay a court hearing on the bankrupt drink maker’s disclosure statement amid objections from lead lender Wachovia Bank and the trustee overseeing the case.

In a letter filed in the U.S. Bankruptcy Court for the Western District of Pennsylvania on Thursday, the creditor committee and ad hoc lender's committee requested that a hearing on the disclosure statement slated for April 17 be adjourned until May 1 in order to give them time to address objections.

The group...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.