Revstone Seeks Extra Time To File Exclusive Ch. 11 Plan

Law360, Wilmington (April 1, 2013, 9:48 PM EDT) -- Revstone Industries LLC on Monday asked a Delaware bankruptcy judge to extend the exclusivity period for it to file a Chapter 11 plan, a move that would give the auto parts conglomerate continued control over its frequently contentious bankruptcy.

The manufacturer’s actions have come under scrutiny from a variety of constituencies, including the official committee of unsecured creditors that has sought to have a Chapter 11 trustee appointed and received court-approval to launch an investigation of Revstone founder and Chairman George Hofmeister over suspicions that he...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.