Saturday, April 04, 2009
Fleetwood Announces Court Orders
Fleetwood also announced that its requests to pay pre-petition dealer and retailer sales incentives and warranty service claims for Fleetwood motor homes and manufactured homes were approved. Under Chapter 11, the company is permitted to continue to pay for approved post-petition warranty service that is performed on Fleetwood motor homes and manufactured homes and to pay for sales incentives earned on or after
Additional requests made since the company voluntarily filed for Chapter 11 on
- Authorization for Fleetwood to access its pre-existing cash management systems and its cash collateral.
- Approval to pay outstanding pre-petition employee expenses and workers' compensation claims.
- Authorization to pay certain common carriers and other vendors for pre-petition amounts outstanding. The company has submitted a motion requesting permission to pay certain additional vendor claims, which has not yet been heard by the Court.
Copies of the entered orders are available electronically at www.kccllc.net/fleetwood.
Founded in 1950, Fleetwood Enterprises, Inc. and its various subsidiaries produce, distribute, and service recreational vehicles and manufactured housing. The company is dedicated to providing high-quality, innovative products that offer exceptional value to customers. Fleetwood continues to employ more than 3,000 people in 15 plants located in 10 states. Fleetwood's products are primarily marketed through extensive dealer networks throughout
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