WestPoint Stevens BK Continues WC Payments

WestPoint Stevens Inc. (OTC Bulletin Board: WSPT) yesterday announced that the U.S. Bankruptcy Court approved a series of the Company's "first day" motions, ensuring that WestPoint Stevens can continue regular operations throughout the reorganization proceeding. "The Court's granting of our first day motions enables us to remain focused on the Company's top priority -- delivering superior products and service to our customers, as we work to strengthen WestPoint Stevens' future," said M.L. (Chip) Fontenot, President and Chief Operating Officer of WestPoint Stevens Inc. The Court approved, a...