TITLE

Foamex returns to bankruptcy court

AUTHOR(S)
McNulty, Mike
PUB. DATE
March 2009
SOURCE
Rubber & Plastics News;3/9/2009, Vol. 38 Issue 16, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs that Foamex International Inc. is seeking bankruptcy court protection for the second time in four years. According to President and Chief Executive Officer (CEO) Jack Johnson, despite the move, the company's normal day-today operations will continue without disruption and meeting customer needs will remain its top priority.
ACCESSION #
37368594

 

Related Articles

  • Foamex files for Chapter 11 protection. Miel, Rhoda // Plastics News;9/26/2005, Vol. 17 Issue 30, p8 

    This article reports that the flexible polyurethane maker Foamex International Inc. has entered Chapter 11 bankruptcy protection as part of a restructuring plan that will trade $523 million in debt for equity. The Linwood, Pennsylvania based firm filed for protection September 19 in the U.S....

  • Foamex plans to exit 11.  // Furniture/Today;11/6/2006, Vol. 31 Issue 9, p42 

    The article reports that polyurethane and visco-elastic foam supplier Foamex International Inc. has filed an amended reorganization plan and disclosure statement in a federal bankruptcy court in Delaware in November 2006. The company, which said earlier that it had received commitments for new...

  • Foamex in Chapter 11. Thomas, Larry // Furniture/Today;2/23/2009, Vol. 33 Issue 25, p1 

    The article reports on the filing of Chapter 11 bankruptcy protection by Foamex International Inc., a major supplier for furniture and bedding producers in the U.S. Under the company's move, it has secured $95 million in debtor-in-possession financing from Matlin Patterson Global Opportunities...

  • Creditors to gain stakes in bankrupt Foamex. Miel, Rhoda // Rubber & Plastics News;10/3/2005, Vol. 35 Issue 5, p22 

    The article reports that flexible polyurethane maker Foamex International Inc. has filed for Chapter 11 bankruptcy protection as part of a restructuring plan that will trade $523 million in debt for equity. The Linwood-based firm filed for protection on September 19 in the U.S. Bankruptcy Court...

  • Foamex considers Chapter 11. Lea, Jason // Plastics News;8/22/2005, Vol. 17 Issue 25, p3 

    The article informs that Foamex International Inc. of Linwood, Pennsylvania, is trapped between the proverbial "rock" of debt and "hard place" of high material prices. The flexible polyurethane manufacturer could file for Chapter 11 protection from creditors. In a statement, Foamex said that...

  • Rhein Chemie/Lanxess begins U.S. restructuring.  // Rubber World;Sep2005, Vol. 232 Issue 6, p12 

    Reports on developments related to the rubber industry in the U.S. Plan of Rein Chemie Corp. to restructure the country's rubber business; Financial performance of Polymer Group Inc.; Plan of Foamex International Inc. to consider Chapter 11 bankruptcy protection.

  • FOAMEX TAKES CHAPTER 11 BANKRUPTCY PROTECTION AGAIN.  // Urethanes Technology International;Feb/Mar2008, Vol. 26 Issue 1, p14 

    The article reports that Foamex International Inc. has announced that it has voluntarily filed for chapter 11 bankruptcy protection to restructure its borrowings in the U.S. It is stated that Foamex will gain immediate liquidity to continue operating without interruption. The move will allow...

  • Foamex out of Chap. 11.  // Plastics News;3/19/2007, Vol. 19 Issue 3, p35 

    The article reports that Foamex International Inc. emerged from Chapter 11 bankruptcy protection on February 12, 2007 after the U.S. Bankruptcy Court in Wilmington, Delaware, approved its reorganization plan. According to the new plan of Foamex, companies with allowed claims against Foamex will...

  • Foamex Prepares to Exit Ch.11.  // Home Textiles Today;10/30/2006, Vol. 27 Issue 41, p14 

    The article announces the ability of Foamex International Inc. to secure an equity investment that will help it emerge from Chapter 11 bankruptcy protection in the U.S. The company claims that it will launch a $150 million rights offering to existing common and preferred shareholders. Raymond...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics