NU Online News Service, June 20, 2003, 12:59 p.m. EDT – Conseco Finance Corp., a unit of Conseco Inc., Carmel, Ind., has received preliminary approval for its bankruptcy reorganization plan from a U.S. bankruptcy judge in Chicago.
Conseco must win approval for a reorganization plan for the parent company before it can get final approval for the finance unit reorganization plan, Conseco says.