Plumbing Supplier Exits Bankruptcy
Posted on Mar 5, 2011 7:05pm PST
The plumbing equipment supplier Jones Stephens Corp. has reportedly completed its Chapter 11 bankruptcy. The company has reported that its Chapter 11 debt reorganization plan was approved by a judge. The company originally filed for Chapter 11 protection in December 2009. The company had then listed assets at as much as $100 million while debt was at as much as $500 million.
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