Oneida Shareholders Request $170M Exit Loan Info

Law360, New York (April 4, 2006, 12:00 AM EDT) -- An ad hoc shareholders group of bankrupt flatware manufacturer Oneida Ltd. has asked a bankruptcy court to deny the company's request to keep secret certain details on its proposed $170 million bankruptcy exit loan, saying the company is trying to shield "critical information" from the public concerning the nature and amount of fees payable to lender Credit Suisse.

In court papers filed this week in a Manhattan bankruptcy court, the shareholders said the company's request to seal the loan information is “a continuation of the Debtors’...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.