Details sketchy as court opts to defer ruling on Ormet plan

Nov 24, 2004 | 12:12 PM | David Brooks

The judge presiding over Ormet Corp.'s Chapter 11 bankruptcy case deferred a ruling Tuesday on the company's reorganization plan.

An Ormet spokesman said the U.S. Bankruptcy Court for the Southern District of Ohio met from 2 to 10 p.m. to hear the Wheeling, W.Va.,-based company's motion to approve the plan. The United Steelworkers union is opposed to the plan and had filed....

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