Plymouth Rubber Co., Canton, Mass., has filed for Chapter 11 bankruptcy protection in Boston because of the inability of its secured lenders and the Pension Benefit Guaranty Corp. to reach agreement regarding the priorities of their respective liens.
“Plymouth has decided to take this step proactively to ensure that it will continue to operate without interruption and maintain full service to our thousands of customers worldwide,” said Maurice Hamilburg, Plymouth’s president. “This action
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