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Published on 6/23/2006 in the Prospect News Distressed Debt Daily.

Werner Holdings unsecured creditors committee appointed

By Jennifer Lanning Drey

Eugene, Ore., June 23 - Werner Holdings Co.'s U.S. Trustee appointed a committee of unsecured creditors for the company's Chapter 11 case, according to a Friday filing with the U.S. Bankruptcy Court for the District of Delaware.

The committee is comprised of The Bank of New York, New York; Levine Leichtman Capital Partners, III, LP, Beverly Hills, Calif.; Saint-Gobain Corp., Worcester, Mass.; Venture Plastics, Newton Falls, Ohio; and WXP Inc., Greenville, Pa.

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


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