Wells Fargo On Warpath In Radnor Holdings Case

Law360, New York (April 18, 2008, 12:00 AM EDT) -- Wells Fargo Bank NA is taking issue with Radnor Holding Corp.'s disclosure statement and its motion for approval of its proposed solicitation procedures, telling the court the company's restructuring plan is not up to snuff in two separate objections.

Wells Fargo filed an objection to Radnor Holdings' bid for court approval of its solicitation procedures on Thursday, saying the plan would preserve equity of a debtor that doesn't pay its secured and unsecured creditors in full.

The bank also filed an objection to Radnor Holdings disclosure...
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