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WELLMAN Bankruptcy News, Issue No. 3

BCSI reports on latest events arising in the chapter 11 cases commenced by Wellman Inc.

(EMAILWIRE.COM, February 27, 2008 ) FAIRLESS HILLS, Pa. -- Feb. 27, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 3 of WELLMAN BANKRUPTCY NEWS today. The 9-page newsletter contains stories with these headlines:


[00021] DEBTORS' MOTION TO OBTAIN $225,000,000 OF DIP FINANCING
[00022] DEBTORS' MOTION TO EMPLOY ORDINARY COURSE PROFESSIONALS
[00023] DEBTORS' MOTION TO MAINTAIN INSURANCE PROGRAMS
[00024] DEBTORS' MOTION TO PAY $665,000 IN PREPETITION TAXES
[00025] DEBTORS' MOTION TO PAY PREPETITION LIEN CLAIMANTS
[00026] DEBTORS' APPLICATION TO HIRE LAZARD AS INVESTMENT BANKERS
[00027] DEBTORS' MOTION TO HONOR PREPETITION CUSTOMER OBLIGATIONS
[00028] DEBTORS' MOTION TO CONTINUE USING CASH MANAGEMENT SYSTEM
[00029] DEBTORS' MOTION TO MAINTAIN EXISTING BANK ACCOUNTS
[00030] DEBTORS' MOTION TO CONTINUE USING EXISTING BUSINESS FORMS
[00031] DEBTORS' MOTION TO WAIVE SEC. 345 INVESTMENT GUIDELINES
[00032] DEBTORS' MOTION FOR JOINT ADMINISTRATION OF CASES
[00033] DEBTORS' MOTION TO EXTEND DEADLINE TO FILE SCHEDULES




A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=WELLMAN for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

WELLMAN BANKRUPTCY NEWS tracks the restructuring of Wellman Inc.

How to Subscribe to WELLMAN BANKRUPTCY NEWS

WELLMAN BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

To continue receiving WELLMAN BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=WELLMAN


Contact Information:
Bankruptcy Creditors Service, Inc.
Peter A. Chapman
Tel: (215) 945-7000
Email us
Press Release Keywords:

chapter 11, chemicals

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