Bankruptcy Law Community | LexisNexis
Featured Content
  • Add content to My Page

    Select any content type from the list, once selected it will be automatically added to your 'My Page'.


    You are not logged in. Please Login to add content to your community page

  • MEALEYS HEADLINES
  • On Remand, Bankruptcy Judge Finds No Collusion, Reconfirms GIT's Reorganization

02/21/2013 01:20:39 PM EST

On Remand, Bankruptcy Judge Finds No Collusion, Reconfirms GIT's Reorganization

Posted by

LexisNexis® Mealey's™ Bankruptcy Legal News

PITTSBURGH - A Pennsylvania federal bankruptcy judge on Feb. 13 reconfirmed on remand the Chapter 11 plan of reorganization for Global Industries Technologies Inc. (GIT), finding that concerns of the Third Circuit U.S. Court of Appeals about the legitimacy of a trust established by the plan to benefit silica claimants were "unfounded, mistaken, and without record support" (In re: Global Industrial Technologies, Inc., et al., No. 02-21626, W.D. Pa. Bkcy.; 2013 Bankr. LEXIS 594).Full story on lexis.com