Bankruptcy Update: Rockaway Bedding, Aloha Airlines, Dura

Here are some of the latest bankruptcy stories our reporters have been covering Wednesday morning on TheDeal.com. For more bankruptcy coverage, check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider.

Rockaway joint liquidation OK'd
A New Jersey judge has approved a joint liquidation plan for Randolph, N.J.-based Rockaway Bedding Inc., clearing the way for its exit out of Chapter 11 bankruptcy. - Carolyn Okomo

Aloha Airlines sells unit
Aloha Airlines Inc. is set to close a $10.5 million cash sale of its air cargo division .Seattle-based Saltchuk Resources Inc. is expected to close the sale after it had initially issued a stalking-horse agreement to buy the unit for $13.5 million in a Section 363 auction. - Terry Brennan

Dura gets plan confirmation
After coming close to exiting bankruptcy more than four months ago, Dura Automotive Systems Inc. is finally ready to motor out of Chapter 11. - Ben Fidler

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