Global Home Ch. 11 Plan To Go Up For Vote

Law360, New York (January 4, 2008, 12:00 AM EST) -- A bankruptcy court has cleared the way for Global Home Products LLC to gain support for its reorganization plan, which aims to recover at least $8.5 million for creditors.

Judge Kevin Gross signed off on Global Home’s disclosure statement in the U.S. Bankruptcy Court for the District of Delaware on Dec. 28, and creditors will get a chance to vote on the Chapter 11 exit plan, which requires majority equity holder Global Home Products Investors LLC to put down the money for the creditor repayment fund....
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