U.S. Bank National Association, in its capacity as indenture trustee, filed with the U.S. Bankruptcy Court an objection to Atrium Companies’ motion for entry of interim and final post-petition secured financing orders. Among other things, the objection states, “The Debtors’ Plan would drastically impair the rights of all Noteholders, proposing to provide them with a…

Simmons’ Second Amended Joint Plan of Reorganization became effective, and the Company emerged from Chapter 11 protection. According to the Plan, Simmons and all of its domestic and international subsidiaries, as well as its parent Bedding Holdco Incorporated, have been acquired by affiliates of Ares Management and Teachers’ Private Capital, the private investment department of…

The Industrial Division of the Communications Workers of America, AFL-CIO, CLC filed with the U.S. Bankruptcy Court a statement in support of the appointment of an official ¼1102 committee of participants in the Visteon System C&B Plan, Caribbean Plans VVP Benefits Plans. Among other things, the motion asserts that such an appointment “could result in…

Chrysler announced the appointment of Robert G. Liberatore as advisor to the C.E.O., ad interim. According to the announcement, Mr. Liberatore will provide advice to the Company on external affairs issues. Mr. Liberatore joined Chrysler in 1985 after working on Capitol Hill for a decade, including four years as staff director for Senator Robert C….