Insurers Who Had Settlement Rejected Oppose Oakfabco’s Disclosure Statement

Mealey's (February 22, 2018, 11:57 AM EST) -- CHICAGO — Chapter 11 debtor Oakfabco Inc. on Feb. 21 modified its plan of liquidation and disclosure statement to answer questions by three insurers whose $9.78 million settlement offer was rejected by the debtor and who filed the only objection to the disclosure statement in the Illinois federal bankruptcy court case (In re:  Oakfabco, Inc., No. 15-27062, N.D. Ill. Bkcy.)....