Global Home Creditors Object To Extension

Law360, New York (August 20, 2007, 12:00 AM EDT) -- Global Home Products LLC's unsecured creditors are asking the court overseeing the bankrupt housewares company's Chapter 11 proceedings to either reject outright the debtors' bid for extensions of its exclusive filing and solicitation rights or impose a deadline for putting together a restructuring plan and disclosure statement.

On Friday, Global Home Products' official committee of unsecured creditors filed their limited objection to the debtors' Aug. 2 bid to have their exclusive rights to file and lobby for creditor support of a Chapter 11 plan extended through...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.