SLI Inc. and U.S. Subsidiaries File for Voluntary Reorganization

SLI Inc., Canton, Mass., and its U.S. subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

The company said that the filing would allow it to continue business operations while implementing its restructuring plan.

SLI's Chapter 11 petition does not include its Asian, European or Latin American businesses.

SLI said it also secured a commitment for $35 million in

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