Bankruptcy Judge Confirms Thorpe Insulation Co.'s Reorganization Plan On Remand

LOS ANGELES - Reorganized Thorpe Insulation Co.'s Chapter 11 plan of reorganization, revised to reflect settlements reached on remand with all of the remaining insurance companies objecting to the plan, received confirmation again May 8 from a California federal bankruptcy judge, who said that once the plan is effective, the last appeals to the case in the Ninth Circuit U.S. Court of Appeals will be withdrawn (In re Thorpe Insulation Co., No. 2:07-bk-19271, C.D. Calif. Bkcy.).

Access this news story on lexis.com®