IES Looks For Speedy Bankruptcy Exit

Law360, New York (February 22, 2006, 12:00 AM EST) -- A judge has granted several requests made by newly bankrupt Integrated Electrical Services, clearing the way for the company to seek permission to solicit creditor support for its reorganization plan as early as next month.

Dallas bankruptcy court Judge Barbara Houser approved several of the company’s preliminary motions, including routine first-day orders to continue paying employees and vendors over the duration of the bankruptcy.

The judge also approved a request for a March 10 hearing on IES’ statement disclosing its reorganization plan.

Objections to the disclosure...
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