Le-Nature's disclosure hearing continued to May 1; Merrill withdraws Chapter 7 conversion motion

By Michelle Anderson

Rochester, N.H., April 17 - Le-Nature's, Inc.'s hearing on the approval of its disclosure statement has been continued to May 1, according to a source familiar with the case.

Merrill Lynch Capital withdrew its motion to convert the case to Chapter 7, said sources familiar with the hearing. A spokesperson for Merrill had no comment.

On April 2, equipment lessor Merrill Lynch Capital filed the motion to convert the company's Chapter 11 case to Chapter 7 for liquidation.

As previously reported, the hearing on the case conversion motion had been continued to April 17 from March 27.

Le-Nature's, a Latrobe, Pa., manufacturer of flavored bottled water and other beverages, had an involuntary Chapter 7 bankruptcy case filed against it on Nov. 1. The case was converted to Chapter 11 on Nov. 3. The case number is 06-25454 in the U.S. Bankruptcy Court for the Western District of Pennsylvania.

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