WPS Gets Bankruptcy Emergence Extension

December 2004
Home Textiles Today;12/13/2004, Vol. 26 Issue 15, p2
Trade Publication
The article reports that WestPoint Stevens Inc. has received from a U.S. Bankruptcy Court a further extension of its exclusive right to come up with a plan of reorganization that will allow it to emerge under Chapter 11. The company is nearing the final stage of negotiations with creditors regarding its exit from bankruptcy. The company continue to he hopeful that this process will be concluded in the first quarter of 2005. WestPoint Stevens Inc. is maintaining excellent customer service levels and continues to enjoy ample financial flexibility.


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