Tag Archives: bankruptcy judge

EXIDE BANKRUPTCY UPDATE: Unsecured creditors say Exide’s Chapter 11 plan won’t fly

exide POR

LAW 360 Exide Unsecured Creditors Say Ch. 11 Plan Won’t Fly By Matt Chiappardi Law360, Wilmington (January 02, 2015, 7:33 PM ET) — The unsecured creditors committee for bankrupt Exide Technologies Inc. blasted the battery maker’s disclosure statement Friday, arguing it describes a “patently unconfirmable” plan that was proposed in bad faith because the debtor only negotiated […]

0 Comments Read more »

EXIDE VERNON BREAKING NEWS: UPDATED – Bankruptcy judge approves Exide and DTSC’s deal; For now*, homes can be tested for lead, County supervisors explore legal options

dept-of-toxic-control-l_2

CLICK HER TO READ BANKRUPTCY COURT ORDER ALLOWING EXIDE TO ENTER INTO AGREEMENT WITH DTSC LASTREETSBLOG.COM Exide Settlement with DTSC Limits (For Now)* Homes that Can Be Tested for Lead, County Supervisors Explore Legal Options  Thursday, November 20, 2014 by Sahra Sulaiman Good news, good people of Maywood, Boyle Heights, and East L.A. who live within […]

0 Comments Read more »

EXIDE BANKRUPTCY BREAKING NEWS: Bankrupt Exide gets nod to extend $560 million DIP loan; Exide gives up exclusive ability to file a Chapter 11 plan

Exide

LAW 360 Bankrupt Exide Gets Nod To Extend $560M DIP Loan By Jamie Santo Law360, Wilmington (October 31, 2014, 6:09 PM ET) — A Delaware bankruptcy judge signed off Friday on Exide Technologies Inc.’s proposed extension of its $560 million debtor-in-possession financing package, but only after the battery maker agreed to terminate the Chapter 11 exclusivity period. […]

0 Comments Read more »