Oneida Creditors Seek To Limit Information Sharing

Law360, New York (April 24, 2006, 12:00 AM EDT) -- Following in the steps of other creditors committees that have found ambiguities in the U.S. Bankruptcy Code, Oneida Ltd.’s committee of unsecured creditors is requesting that the court confirm that it is not entitled to disclose confidential information to the creditors it represents.

The committee members were concerned that the New York-based flatware manufacturer, which filed for bankruptcy last month, may stop sharing sensitive information with the group if the information was required to be passed along to individual creditors, according to a court filing Friday....
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