Law360, New York (July 01, 2009) -- Mortgage lender Accredited Home Lenders Holding Co. has balked at a bid by creditors — led by a unit of JPMorgan Chase & Co. — to convert its bankruptcy to Chapter 7, arguing that its liquidation plans have moved expeditiously and efficiently to eliminate significant expenses.
The San Diego-based company said in an objection filed Tuesday in the U.S. Bankruptcy Court for the District of Delaware that prior to filing for bankruptcy protection on May 1...


