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Published on 8/23/2007 in the Prospect News Distressed Debt Daily.

Werner's liquidation plan confirmation hearing adjourned until Sept. 5

By Reshmi Basu

New York, Aug. 23 - The hearing for Werner Holdings Co. (DE), Inc.'s official committee of unsecured creditors liquidating plan and related disclosure statement has been postponed until Sept. 5, according to a person familiar with the case.

The creditors committee asked for more time for negotiations, the source added.

Werner, a Greenville, Pa., manufacturer and distributor of ladders, climbing equipment and ladder accessories, filed for bankruptcy on June 12, 2006 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 06-10578.


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