Committee: Ormet's Bidding Procedures Unfairly Benefit Stalking Horse

WILMINGTON, Del. - The Official Committee of Unsecured Creditors in the Chapter 11 bankruptcy of Ormet Corp. on March 15 filed an objection in the U.S. Bankruptcy Court for the District of Delaware contending that Ormet's bidding procedures unfairly favor the stalking horse (In Re: Ormet Corporation, No. 13-10334, Chapter 11, D. Del. Bkcy.)....(read more)