Performance Transportation hearing on lender motion to force document production continued to June 6

By Jennifer Lanning Drey

Portland, Ore., May 19 - Performance Transportation Services, Inc.'s hearing on its second-lien lenders' motion asking the court to force the company to produce documents was continued to June 6, according to a source familiar with the case.

As previously reported, lenders D.E. Shaw Laminar Portfolios, LLC and Quadrangle Debt Recovery Advisors, LP want the company to produce documents they believe are necessary to show that Performance Transportation's controlling shareholders manipulated the bankruptcy process for their own benefit, according to a Dec. 18 filing made with the U.S. Bankruptcy Court for the Western District of New York.

Performance Transportation Services is a Detroit-based transporter of new automobiles, sport utility vehicles and light trucks. Its Chapter 11 case number is 07-04746.

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