NY judge appears close to OKing Beechcraft plan
NY bankruptcy judge signals he's close to signing off on Hawker Beechcraft reorganization plan
NEW YORK (AP) -- A bankruptcy judge in New York has signaled that he's close to signing off on a reorganization plan for Kansas aircraft-maker Hawker Beechcraft.
Judge Stuart Bernstein reviewed a draft plan with lawyers Thursday at a federal bankruptcy court in Manhattan.
Bernstein said he wanted minor changes in the wording of the plan before granting final approval.
There were no serious objections from creditors.
A settlement for a new pension plan and other labor concessions were approved without objection.
Another hearing was set for April 9.
