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Published on 11/13/2006 in the Prospect News Distressed Debt Daily.

Foamex unsecured creditors committee reappointed after two resignations

By Caroline Salls

Pittsburgh, Nov. 13 - Foamex International Inc.'s U.S. Trustee reappointed the official committee of unsecured creditors for the company's Chapter 11 case following the resignation of two members, according to a Monday filing with the U.S. Bankruptcy Court for the District of Delaware.

Jack Howard of Steel Partners II, LP of New York and Donald Hamilton of Lyondell Chemical Co. of Houston both resigned from the committee.

The committee is now comprised of Stuart Kratter of the Bank of New York, Dana Cann of the Pension Benefit Guaranty Corp., Mark Schwartz of Newcastle Partners, LP of Dallas, Candida Wolfram of Shell Chemical LP of Houston and Donovan Williams of Coventry, R.I.

Foamex, a Linwood, Pa., manufacturer and distributor of flexible polyurethane and advanced polymer foam products, filed for Chapter 11 on Sept. 19. Its case number is 05-12685.


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