Creditors' Committee Seeks To Delay Hearing On K-V Discovery's Reorganization Plan

NEW YORK - The Official Committee of Unsecured Creditors in the Chapter 11 bankruptcy of pharmaceutical company K-V Discovery Solutions Inc. on Feb. 28 moved in the U.S. Bankruptcy Court for the Southern District of New York for an order adjourning the hearing to consider the company's disclosure statement, contending that the current plan of reorganization does not provide sufficient recovery for creditors (In Re: K-V Discovery Solutions Inc., No. 12-13346, Chapter 11, S.D. N.Y. Bkcy.; See 1...(read more)Image may be NSFW.
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