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Bankruptcy

Jun. 24, 2003

Foley & Lardner Represents Creditors in Magnatrax Case

The creditors' committee in the Magnatrax Corp. Chapter 11 bankruptcy case has selected Foley & Lardner as legal adviser. Magnatrax and 16 of its subsidiaries sought protection from creditors in May in U.S. Bankruptcy Court in Delaware. Georgia-based Magnatrax, a unit of Onex Corp., makes metal building systems. The company says its filing was prompted by the slump in industrial construction and by rising steel prices.

By Toni Vranjes
        The creditors' committee in the Magnatrax Corp. Chapter 11 bankruptcy case has selected Foley & Lardner as legal adviser.
        Magnatrax and 16 of its subsidiaries sought protection from creditors in May in U.S. Bankruptcy Court in Delaware. Georgia-based Magnatrax, a unit of Onex Corp., makes metal building systems. The...

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