According to documents filed by Congoleum with the U.S. Securities and
Exchange Commission, the U.S. Bankruptcy Court for the District of New
Jersey stayed an order recently to dismiss Congoleum's more than
five-year-old Chapter 11 bankruptcy case. The stay was ordered by U.S.
Bankruptcy Judge Kathryn Ferguson, which reversed her decision on Feb.
26 to dismiss the Chapter 11 case after 20 days. The stay was granted
pending an appeal.
Congoleum Corp. has finalized documents relating to its pre-packaged Chapter 11 plan of reorganization and mailed them to asbestos personal
injury claimants and other parties in interest.