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Court Schedules October 30 Hearing for Review of Diamond's Chapter 11 Plan

The U.S. Bankruptcy Court for the District of Delaware has approved Diamond Glass's motion for approval of its solicitation packages and has set its confirmation hearing as October 30, during which confirmation of Diamond's Chapter 11 plan will be considered.

In addition, the order sets the deadlines for ballots (for creditors to approve/disapprove the plan), which was mailed to interested parties and creditors on September 19, as October 22.

In Diamond's original motion, the company, now known as DG Liquidation Corp., requested a deadline of October 17 for objections to the plan, which was filed with the court in August. (CLICK HERE for related story.)

CLICK HERE for full text of motion.

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