Key Plastics' Ch. 11 Plan Gets Go-Ahead
Judge Mary F. Walrath of the U.S. Bankruptcy Court for the District of Delaware Thursday confirmed the debt-for-equity plan and cleared the way for the plastics supplier to continue a restructuring that has enjoyed overwhelming support from creditors and largely progressed according to schedule.
Under the plan, Key Plastics will convert $115 million of...
To view the full article, register now.