Fire Engine Builder Vows Speedy Exit From Ch. 11
American LaFrance LLC filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court for the District of Delaware, estimating both assets and liabilities over $100 million and somewhere between 1,000 and 5,000 creditors.
The company, based in Summerville, S.C., builds fire trucks and other emergency services vehicles.
Company officials vowed to file a reorganization plan shortly,...
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