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Bankruptcy Court Appoints Unsecured Creditors Committee in Arch Case; Contains Several Glass Industry Executives

Post Time:Dec 16,2009Classify:Industry NewsView:512

The U.S. Bankruptcy Court for the South District of Florida, in which Arch Aluminum and Glass's Chapter 11 petition was filed a few weeks ago, has appointed the Joint Committee of Creditors Holding Unsecured Claims in the case. Among the committee members, appointed by U.S. Trustee Donald F. Walton, are several glass and aluminum industry executives.

These are as follows:

  • Stephen P. Kirwen, senior manager, financial services, for Pilkington North America, which holds a claim of $6,715,000.67;
  • Frank A. Hazen, manager, credit and collections, for Guardian Industries Corp., which has a claim of $5,563,805.48;
  • Tommy Musick of The William L. Bonnell Company in Newnan, Ga., which holds a claim of $1,660,044.43;
  • John Cattell of Zeledyne LLC, which holds a claim of $1,405,266.20;
  • Charles Petrarca, North American credit manager for Solutia Inc., with a claim of $1,220,052.777; and
  • Paul Garland, corporate credit manager for AGC Flat Glass North America, which has a claim of $561,722.96.

Kirwen was named temporary chairperson for the committee.

A hearing also is scheduled for Thursday, December 17, for the court to review Arch's motion "to establish procedures for the retention and compensation of certain professionals in the ordinary course of business nunc pro tunc to the petition date."

Source: usgnnAuthor: shangyi

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