1/29/2008 | DD | Creditors seek more than $1 billion in lawsuit against old Werner Co.
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1/25/2008 | DD | Market Commentary: Linens active, gaining ground; MagnaChip quiet; Calpine bonds, equity better; Mortgage names up
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10/26/2007 | DD | Werner creditors committee get court OK of agreement with PBGC to resolve pension claims dispute
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10/25/2007 | DD | Old Ladder gets court OK to end Greenville retiree life insurance on Oct. 31
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10/25/2007 | DD | Werner gets confirmation on liquidation plan
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10/24/2007 | DD | Old Ladder plan unanimously approved by two of three voting classes
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10/18/2007 | DD | Werner pensions assumed by PBGC in light of $28 million shortfall
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10/16/2007 | DD | Former employees, creditors object to confirmation of Old Ladder's liquidating plan
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10/15/2007 | DD | Old Ladder to terminate Greenville retiree life insurance program Oct. 31
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10/9/2007 | DD | Werner creditors committee seeks court OK of agreement with PBGC to resolve pension claims dispute
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10/4/2007 | DD | Werner creditors committee gets court OK to cease life insurance benefits for certain retirees
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9/24/2007 | DD | Werner creditors committee asks to cease life insurance benefits for certain retirees
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9/14/2007 | DD | Werner obtains court approval of disclosure statement; confirmation hearing set for Oct. 25
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9/14/2007 | DD | Werner to receive up to $315,731 in additional wind-down funding
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9/12/2007 | DD | Werner's liquidation plan confirmation hearing adjourned until Friday
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9/10/2007 | DD | Werner creditors seek $350,000 more to cover liquidation costs
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9/5/2007 | DD | Werner's liquidation plan confirmation hearing adjourned until Sept. 12
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8/24/2007 | DD | Werner's unsecured creditors ask for termination of medical benefits for former officers and directors
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8/23/2007 | DD | Werner's liquidation plan confirmation hearing adjourned until Sept. 5
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8/17/2007 | DD | Werner U.S Trustee says company's disclosure statement is unfeasible, says plan lacks details on creditor treatment
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8/1/2007 | DD | Werner U.S. trustee objects to motion to convert case to Chapter 7 bankruptcy
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7/24/2007 | DD | Werner disclosure hearing postponed to after hearing on motion to convert case to Chapter 7
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7/18/2007 | DD | Werner unsecured creditors committee asks court to convert case to Chapter 7 bankruptcy
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7/16/2007 | DD | Werner creditor objects to proposed treatment of administrative fee claim
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6/20/2007 | DD | Werner granted fourth exclusivity extension
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6/19/2007 | DD | Werner creditors committee files liquidation plan based on sale consent agreement
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6/12/2007 | DD | Werner withdraws bid procedures motion for Franklin Park facility sale
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6/11/2007 | DD | Werner completes $270 million sale of substantially all assets
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5/22/2007 | DD | Werner posts $6,000 April operating loss
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5/16/2007 | DD | Werner seeks exclusivity extension to file plan that includes completed asset sale
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4/26/2007 | DD | Werner granted approval of $270 million asset sale
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4/24/2007 | DD | Werner seeks approval of litigation claims settlement that sets up liquidating trust
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4/18/2007 | DD | Werner unsecured creditors committee objects to asset sale, cites lack of plan protections
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4/9/2007 | DD | Werner granted exclusivity extension to allow for orderly sale process, maintain DIP compliance
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3/22/2007 | DD | Werner submits procedures for Franklin Park, Ill., facility sale
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3/21/2007 | DD | Werner stalking horse bid selection, forbearance amendment approved
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3/19/2007 | DD | Werner names stalking horse bidder for sale of substantially all assets
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3/12/2007 | DD | Werner seeks to amend forbearance agreement to reflect postponed bid procedures hearing
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3/7/2007 | DD | Werner asset sale bid procedures hearing postponed to March 20
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3/7/2007 | DD | Werner seeks two-month exclusivity extension to allow orderly sale process
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3/1/2007 | DD | Werner unsecured creditors committee objects to asset sale bid procedures amid credit bids
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2/16/2007 | DD | Werner sets bid procedures for asset sale; no stalking horse bid selected yet
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2/14/2007 | DD | Market Commentary: Fedders 9 7/8% notes sink 9 points; Remy active; Delta up, but few trades
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2/7/2007 | DD | Werner granted court OK for second forbearance agreement, plans to file bid procedures this month
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2/6/2007 | DD | Werner investor group increases offer for company assets to $262 million
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2/5/2007 | DD | Market Commentary: Werner buyout sparks gains; Movie Gallery climbs; Tech Olympic mixed
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2/2/2007 | DD | Werner enters agreement for sale of substantially all assets
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2/1/2007 | DD | Werner granted two-month exclusivity extension
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1/30/2007 | DD | Market Commentary: Delta, Northwest dip; Home Products plan confirmed; CalGen loan paper mixed
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1/25/2007 | DDSS | Werner reaches second forbearance agreement with DIP lender; funding in place to complete restructuring
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1/22/2007 | DD | Werner unsecured creditors committee reappointed following resignation
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1/18/2007 | DD | Werner second-lien creditors propose $175 million asset purchase amid 'sham' forbearance agreement
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1/16/2007 | DDSS | Werner plans to emerge from Chapter 11 in second half of 2007
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1/12/2007 | DD | Werner requests two-month exclusivity extension
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1/3/2007 | DD | Werner enters waiver, forbearance agreement on DIP covenant defaults
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12/29/2006 | DD | Werner authorized to hire Loughlin as interim CEO, president, CRO
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12/29/2006 | DD | Werner fourth-quarter executive incentive plan approved
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12/21/2006 | DD | Werner non-insider employee incentive plan approved
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12/18/2006 | DD | Werner creditors committee, U.S. Trustee object to company's request for executive incentive plan
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12/8/2006 | DD | Werner seeks court OK to hire James J. Loughlin as interim CEO and vice president, CRO
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12/6/2006 | DD | Werner seeks court approval of executive, non-insider employee incentive plans
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11/30/2006 | DD | Werner granted court OK to reject supplemental employee retirement plans
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11/20/2006 | DD | Werner reports $3.47 million October operating loss
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11/16/2006 | DD | Werner seeks court approval of severance program for Chicago facility hourly employees
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11/14/2006 | DD | Werner creditors committee granted court approval to examine Murray Devine, PriceWaterhouse Coopers
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11/13/2006 | DD | Werner granted exclusivity extension, must adhere to budget, business plan filing deadlines
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11/7/2006 | DD | Werner creditors committee requests court OK to examine Murray Devine, PriceWaterhouse Coopers
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10/27/2006 | DD | Werner looks to reject supplemental employee retirement plans
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10/20/2006 | DD | Werner posts $3.58 million September operating loss
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10/10/2006 | DD | Werner, Grupo American Industries shelter agreement amendment approved
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10/10/2006 | DD | Werner seeks 110-day exclusivity extension for operational restructuring
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9/26/2006 | DD | Werner files amended alternative dispute resolution procedures for resolving claims
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9/25/2006 | DD | Werner creditors' committee gets court OK to issue subpoenas to pre-bankruptcy lenders
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9/21/2006 | DD | Werner asks court to OK shelter agreement amendment for Juarez facility
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9/20/2006 | DD | Werner posts $3.69 million August operating loss
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8/28/2006 | DD | Werner unsecured creditors committee members seeks court OK to continue trading subordinated notes
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8/22/2006 | DD | Werner posts $5.89 million July operating loss
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8/18/2006 | DD | Werner requests court approval of alternative dispute procedures for resolving claims
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7/26/2006 | BKDD | Werner obtains final approval of $99 million DIP facility
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7/21/2006 | DD | Werner posts $1.67 million June operating loss
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7/17/2006 | DD | Market Commentary: Most distressed issues lower, led by asbestos, auto names
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7/12/2006 | DD | Werner unsecured creditors committee gets three new members
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7/11/2006 | DD | Market Commentary: More activity in Collins & Aikman bonds; Calpine bonds, debt higher
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6/27/2006 | DD | Werner noteholders request appointment to unsecured creditors committee
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6/23/2006 | DD | Werner Holding unsecured creditors committee appointed
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6/13/2006 | DD | Werner first-day motions approved, granted interim DIP access
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6/13/2006 | DD | Market Commentary: Asbestos bonds continue slide, Armstrong loans also; Delphi retreats
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6/12/2006 | DD | Market Commentary: Asbestos bonds continue to crumble; Werner notes tumble on bankruptcy filing
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6/12/2006 | BKDDHY | Werner files for Chapter 11 bankruptcy, obtains commitment for $99 million DIP facility
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5/17/2006 | BKDDHY | Moody's lowers Werner
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5/16/2006 | DD | Market Commentary: Movie Gallery bank debt continues retreat; Owens Corning bonds slide again
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5/15/2006 | DD | Market Commentary: Movie Gallery, asbestos bank debt, bonds off; Winn-Dixie better after numbers
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5/15/2006 | BKDDHY | Werner misses coupon on 10% notes, talking about recapitalization
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4/11/2006 | BKDDHY | S&P downgrades Werner
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9/28/2005 | BKDDHY | Moody's drops Werner
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9/23/2005 | BKDDHY | S&P affirms Werner, view negative
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4/29/2005 | BKDDHY | S&P rates Werner loan CCC, ups view
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4/28/2005 | BKDDHY | Moody's cuts Werner loans to B3, notes to Caa2
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4/21/2005 | DD | Market Commentary: Adelphia bonds ease, bank paper steady on Time Warner/Comcast deal; autos firmer, airlines better
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4/21/2005 | BKDD | Werner Ladder $100 million second-lien term loan to launch Monday
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4/7/2005 | BKDDHY | Moody's cuts Werner loans to B2, notes to Caa1
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3/31/2005 | DD | Market Commentary: Elan bonds thrash around on new MS drug problem; Muzak off on delayed 10-K; Mirant loans rally
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3/28/2005 | DD | Market Commentary: Werner Ladder, Pegasus lower; Mirant bank debt heads lower as well
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12/3/2004 | BKDDHY | S&P downgrades Werner
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5/17/2004 | BKDD | Werner amends loan to change financial covenants, increase borrowing rate
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1/12/2004 | BKDDHY | S&P affirms Werner Holding ratings
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1/9/2004 | DD | Market Commentary: Werner debt continues higher after call; Adelphia up; Parmalat sinks back
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1/8/2004 | DD | Market Commentary: Parmalat gyrates on "found" money tale; Werner bonds up on conference call
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1/6/2004 | DD | Werner Holding announces conference call for bondholders
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12/24/2003 | DD | Market Commentary: Parmalat declines after bankruptcy filing; WestPoint Stevens, Levi easier
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12/23/2003 | DD | Market Commentary: Parmalat to file for bankruptcy as accounting hole grows, bonds retreat; Werner debt steady
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12/22/2003 | BKDDHY | Moody's cuts Werner ratings
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12/22/2003 | DD | Market Commentary: Werner debt tumbles many rungs on lost ladder contract; Parmalat down further
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10/22/2003 | DD | Market Commentary: Werner Holdings rebounds; Loral higher as more satellites sell; American Airlines sees profit
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10/21/2003 | DD | Market Commentary: Loral plummets on possibility of extended sale process, Intelsat earnings; Federal Mogul takes slight hit
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10/17/2003 | BKDDHY | S&P cuts Solutia
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