Tuesday, April 27, 2010

Court approval for LyondellBasell’s proposed restructuring plan to exit bankruptcy

Bankrupt petrochemicals major LyondellBasell has received approval for its proposed restructuring plan to exit bankruptcy from the court for southern district. The court has approved its reorganisatioon plan and it is expecting to come out of the Chapter 11 protection on April 30.

For more details on Court approval for LyondellBasell’s proposed restructuring plan to exit bankruptcy click here

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