Lyondell sets target of exiting bankruptcy before end of 2009

02/16/2009 | Reuters

Lyondell Chemical says it plans to emerge from bankruptcy by the end of the year. The company received an extension of a temporary restraining order on Friday in order to prevent action by creditors to collect debt from its European parent company, LyondellBasell Industries, that the company said could have put its bankruptcy financing at risk.

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