Rejection of Prime-Tanning Bankruptcy Plan becomes Final

A defunct tannery and its related entities will not be seeking further review of their joint liquidation plan that had proposed appropriating money they had set aside to cover outstanding workers' compensation claims to satisfy debts to creditors. The Bankruptcy Appellate Panel for the U.S. First Circuit Court of Appeals upheld a bankruptcy judge's rejection of the plan proposed by the Prime Tanning-Hartland companies in August. The window for Prime Tanning to seek rehearing or petition the Supreme Court for writ relief closed on Monday, making final the bankruptcy ...