Whittaker, Clark & Daniels Says Receiver Lacks Authority To Seek Dismissal

Mealey's (June 1, 2023, 1:39 PM EDT) -- TRENTON, N.J. — A bid by the court-appointed receiver for defunct talc supplier Whittaker, Clark & Daniels Inc. (WCD) to dismiss the company’s Chapter 11 case should be denied because his authority does not extend to WCD’s board of directors, which properly filed the bankruptcy petition, the debtor says in an objection filed in New Jersey federal bankruptcy court....