|Michael F. Easley, Governor
Buck Lattimore, Chairman
|Bernadine S. Ballance,
Thomas J. Bolch, Commissioner
Laura K. Mavretic, Commissioner
Renée C. Riggsbee, Commissioner
Christopher Scott, Commissioner
Dianne C. Sellers, Commissioner
TO: All Interested Parties
FROM: Chairman Buck Lattimore
DATE: December 9, 2001
RE: Oakwood Homes Bankruptcy
We have been informed that Oakwood Homes has filed Chapter 11 Bankruptcy in the United States Bankruptcy Court, Delaware on November 15, 2002. Oakwood Homes was self-insured for workers’ compensation claims in North Carolina through July 1, 1998 and commercial insurance coverage thereafter.
The current information available to the Industrial Commission is that
Oakwood Homes has sought and been granted permission by the Bankruptcy Court to
continue to process and pay all workers’ compensation claims for the period of
self-insurance even though the company is within the jurisdiction of the
Bankruptcy Court. Claims covered by an insurance carrier are not affected by the
Bankruptcy petition. Therefore, all parties having existing or new workers’
compensation claims should proceed with those claims as would normally occur.
If any claimant does not receive benefits to which they are lawfully
entitled or should benefits awarded be suspended or terminated for unexplained
reasons, please notify the Industrial Commission. Questions or concerns
regarding Oakwood Homes claims should be directed to: Stephen T. Gheen, Chief
Deputy Commissioner, 919-807-2540 or firstname.lastname@example.org.
Due to the volume of inquiries, email communication is requested if possible,
though not required.
The Industrial Commission website (www.comp.state.nc.us)
will be updated as needed with additional information.
N.C. Industrial Commission · 4340 Mail Service Center · Raleigh, NC 27699-4340