MOTION OF DEBTORS PURSUANT TO SECTION 1121(d) OF THE BANKRUPTCY CODE TO EXTEND EXCLUSIVE PERIODS

Docket 2312

Debtors seek to:

Pursuant to section 1121(d) of the Bankruptcy Code, the Debtors’

Exclusive Filing Period in which to file a chapter 11 plan is extended through and including June

12, 2019.

Exclusive Solicitation Period in which to solicit acceptances of their chapter 11 plan is extended

through and including August 13, 2019.

18-23538-rdd Doc 2312 Filed 01/31/19 Entered 01/31/19 22:31:21 Main Document

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Comment! It's anonymous!

2 replies (most recent on top)

It's a 4 month stall because "it's too hard" to get it ready when it's due.

"D. The Debtors Are Not Seeking to Use Exclusivity to Pressure Creditors to Submit to the

Debtors’ Demands."

So you know they are.

Someone else can explain it better. I am not a Lawyer. But it sounds weaselly.

Does this mean that the deal isn't going to be finalized until August 13?