Judge to Back Owens Corning Plan

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Judge to Back Owens Corning Plan
2006-09-28
PITTSBURGH -- U.S. Bankruptcy Judge Judith Fitzgerald said she will confirm the Chapter 11 plan that is expected to end Owens Corning's long stay in bankruptcy. Ms. Fitzgerald said she would sign an order confirming the restructuring plan, setting the stage for a federal district judge to begin his evaluation of the balance sheet restructuring. The bankruptcy judge said she would take a few days to review final documents before signing off on the plan. "Frankly I didn't expect it for another two [years]," Ms. Fitzgerald commented at a hearing on Owens Corning's sixth and likely final version of a ... .
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