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Anchor Glass Container Corporation Plan of Reorganization Confirmed by the Bankruptcy Court; Creditors Overwhelmingly Support Plan; Reorganized Company Expects to Emerge from Chapter 11 in Early May 2006.

Publication: Business Wire
Publication Date: 18-APR-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TAMPA, Fla. -- Anchor Glass Container Corporation ("Anchor") today announced that the United States Bankruptcy Court Middle District of Florida Tampa Division has confirmed its proposed Plan of Reorganization. Anchor expects to emerge from Chapter 11 in early May 2006.

"We are glad to be making a quick exit from our bankruptcy proceedings," said Mark Burgess, Anchor's Chief Executive Officer. "We reached a consensual plan with our Noteholders and the Official Committee of Unsecured Creditors and now can return our focus to remaining...

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