Halliburton Announces Court Confirms Prepackaged Plan of Reorganization of its DII Industries and Kellogg Brown & Root Subsidiaries
Wednesday July 21, 5:39 pm ET
HOUSTON, July 21 /PRNewswire-FirstCall/ -- Halliburton (NYSE: HAL - News) announced that on Friday, July 16, 2004, the Honorable Judith K. Fitzgerald issued an order confirming the Chapter 11 Plan of Reorganization filed by DII Industries, Kellogg Brown & Root (KBR) and various other Halliburton subsidiaries to implement the companies' proposed global asbestos and silica settlement. DII Industries, KBR and other affected subsidiaries filed for a prepackaged Chapter 11 plan of reorganization on December 16, 2003, in Bankruptcy Court in Pittsburgh, Pennsylvania."
Hmmm? "Prepackaged Chapter 11"
No comments:
Post a Comment