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Published on 10/1/2008 in the Prospect News Distressed Debt Daily.

Neumann Homes DIP loan hearing continued to Oct. 8

By Jennifer Lanning Drey

Portland, Ore., Oct. 1 - Neumann Homes Inc.'s hearing for approval of its $2.5 million debtor-in-possession financing was continued to Oct. 8, according to a source with the U.S. Bankruptcy Court for the Northern District of Illinois.

The hearing was most recently scheduled for Wednesday.

Neumann Homes, a Warrenville, Ill.-based homebuilder, filed for bankruptcy on Nov. 1, 2007. Its Chapter 11 case number is 07-20412.


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