Trustee Bid In Revstone Ch. 11 Delayed To Allow PBGC Talks

Law360, Wilmington (December 11, 2013, 3:52 PM EST) -- A Delaware bankruptcy judge agreed Wednesday to delay considering whether to appoint a trustee in the contentious Revstone Industries LLC Chapter 11 case after hearing the debtor was negotiating with the Pension Benefit Guaranty Corp. to address its $67 million in claims and with others to forge a global settlement.

U.S. Bankruptcy Judge Brendan L. Shannon said he would postpone deciding on requests from the official committee of unsecured creditors and the PBGC to have an overseer for the auto parts conglomerate's year-old case in order...
To view the full article, register now.



Case Information

Case Title

Revstone Industries, LLC

Case Number




Nature of Suit

Date Filed

December 3, 2012

Law Firms


Government Agencies

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.