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Eagle Files Plan While Insurer Seeks Dismissal Of Case For Bad Faith

Mealey's (September 16, 2016, 1:19 PM EDT) -- NEW ORLEANS — Former gasket and insulation distributor Eagle Inc. filed a Chapter 11 plan of reorganization and disclosure statement Sept. 13 in Louisiana federal bankruptcy court, a day after one of its insurers sought to have the debtor’s case dismissed, saying the bankruptcy petition was filed in bad faith and Eagle has no reasonable chance of being rehabilitated (In re: Eagle, Inc., No. 15-12437, E.D. La. Bkcy.).

(Reorganization plan available. Document #48-160923-008X. Disclosure statement available. Document #48-160923-009X.)

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Eagle filed a Chapter 11 petition...
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