Bankruptcy Court Approves Chemtura Reorganization Plan

On October 21, 2010, Chemtura Corporation announced that the United States Bankruptcy Court for the Southern District of New York had issued a decision confirming its Plan of Reorganization. The Plan will become effective after the Court enters a written order reflecting this ruling and other Plan conditions have been satisfied. Chemtura currently expects to emerge from Chapter 11 in the upcoming weeks, as soon as the Plan conditions are satisfied.

The full press release is here.