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Archway Creditors Oppose Faster Ch. 7 Conversion

Law360 (December 18, 2008, 12:00 AM EST) -- The official committee of unsecured creditors for bankrupt Archway Cookies LLC has objected to the cookie maker's request to move up a hearing on its motion to convert to Chapter 7, complaining it had been given no warning and that the Christmas holidays would interfere with discovery.

The company behind the Archway and Mother's Cake & Cookie Co. Inc. brands asked the U.S. Bankruptcy Court for the District of Delaware to convert its Chapter 11 bankruptcy proceedings to Chapter 7 on Tuesday, saying its cash collateral...
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