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Ashby & Geddes Advises Debtors On Sale Of Assets In Bankruptcy

Ashby & Geddes serves as co-counsel to CFM U.S. Corporation and CFM Majestic U.S. Holdings, Inc. (the “Debtors”)  in their bankruptcy cases pending in the United States Bankruptcy Court for the District of Delaware.  In connection with that representation, Ashby & Geddes advised and assisted the Debtors in obtaining the Bankruptcy Court’s approval of the sale of substantially all of the Debtors’ assets to Monessen Hearth Systems Company and Vermont Castings Holding Company for approximately $42.5 million.  The Ashby & Geddes team representing the debtors consists of William Bowden, Gregory Taylor, Amanda Winfree and Karen Skomorucha.  The case is captioned In re: CFM U.S. Corporation, et al., Case No. 08-10668 (KJC).