Congoleum Corp (fka CGMCQ)

[locksflooring]

Mr. Marcus concluded by saying, "As recently reported, our reorganization efforts are moving ahead quickly, and the court has presently scheduled a confirmation hearing to commence May 25, 2010. Having settled our long running litigation with substantially all of the insurance carriers who have been the major opponents to previous efforts, we expect a much smoother road ahead to confirmation. I am optimistic that we will see our plan confirmed in the second quarter of 2010 and that we can emerge reasonably promptly thereafter. Putting the bankruptcy behind us in 2010 will be a major step forward."