Exide Technologies' unsecured creditors say they have lost confidence in the company's management to guide the battery maker safely through bankruptcy, Dow Jones Daily Bankruptcy Review reported today. The company’s unsecured creditors’ committee at a hearing yesterday asked a judge to help them get information about plans to sell the company, which has been struggling in chapter 11 since June 2013. The panel says that it suspects Exide is being steered into a sale that will put the company into the hands of senior lenders, leaving most creditors out in the cold.
