TITLE

Supreme Court Rejects Owens Corning Petitions

AUTHOR(S)
Kantin, Kerry
PUB. DATE
May 2006
SOURCE
Investment Dealers' Digest;5/8/2006, Vol. 72 Issue 18, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of the U.S. Supreme Court regarding Owens Corning bankruptcy case. The court rejects the petition of Owens Corning preventing it to pool all assets and liabilities of its corporate entities in its reorganization due to bankruptcy. It states that the court's denial to hear the case will be beneficial to lenders.
ACCESSION #
20791987

 

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