Plan Confirmation For Fraser’s Boiler Service Faces Hurdles

(February 12, 2019, 2:02 PM EST) -- TACOMA, Wash. — The plan of reorganization for Chapter 11 debtor Fraser’s Boiler Service Inc. meets all the requirements in the U.S. Bankruptcy Code for confirmation, the company says in a Feb. 6 preconfirmation hearing statement in Washington federal bankruptcy court, while the U.S. trustee and certain insurers counter in their statements filed the same day that the plan was not filed in good faith and cannot be confirmed (In re:  Fraser’s Boiler Service, Inc., No. 18-41245, W.D. Wash. Bkcy.)....