Lexington Precision secured lenders withdraw plan of reorganization

By Caroline Salls

Pittsburgh, Jan. 11 - Lexington Precision Corp.'s pre-bankruptcy secured lenders have withdrawn the plan of reorganization and related disclosure statement they filed for the company's bankruptcy case, according to a Monday filing with the U.S. Bankruptcy Court for the Southern District of New York.

As a result, the lender agent has asked the court to cancel a Jan. 25 disclosure statement hearing.

Lexington Precision, a New York-based manufacturer of rubber and metal components for the automobile and medical devices industries, filed for bankruptcy on April 2, 2008. Its Chapter 11 case number is 08-11153.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.