Global Home Products Amends Chapter 11 Plan

Law360, New York (November 16, 2007, 12:00 AM EST) -- Global Home Products LLC has filed an amended Chapter 11 plan and disclosure statement a little more than a month after the bankrupt company filed the first version.

Global Home Products filed its first amended Chapter 11 plan on Thursday and a disclosure statement urging creditors to vote in favor of the plan.

A hearing to consider approval of the disclosure statement is slated for Dec. 27.

Administrative claimholders — excluding 503(b)(9) claims — are in line for a 100% percent recovery, as are holders of...
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.