Thorpe Insulation Company and Pacific Insulation Company plan confirmed by District Court; exits bankruptcy
Clients Thorpe Insulation Company and Pacific Insulation Company Unsecured Creditors' Committee
Jones Day acted as counsel to the Official Committee of Unsecured Creditors in the chapter 11 case of Thorpe Insulation Company filed in 2007 in Los Angeles. The Bankruptcy Court affirmed Thorpe Insulation and Pacific Insulation's plan of reorganization in February 2010 with the District Court affirming the Bankruptcy Court's confirmation order in September 2010. The confirmed plan provides a section 524(g) injunction. Thorpe Insulation's exit from bankruptcy became effective on October 22, 2010.