ROUND ROCK, Texas - American Plumbing and Mechanical Inc. (AMPAM) announced that it has reached an agreement for a consensual plan of reorganization allowing the company to promptly emerge from Chapter 11 bankruptcy.
The company, which focuses primarily on residential plumbing, HVAC, and mechanical services, announced the agreement in open court between AMPAM's senior lenders and the Official Committee of Unsecured Creditors. AMPAM and its affiliates filed their respective voluntary petitions under Chapter 11 in the Bankruptcy Court for the Western District of Texas, San Antonio Division, on October 13, 2003.