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Enterprising Investor

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Enterprising Investor

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Saturday, 07/30/2011 9:23:03 AM

Saturday, July 30, 2011 9:23:03 AM

Post# of 59
Debtors' Expedited Motion for Order Extending Exclusivity Period (7/29/11)

The Debtors’ 180-day exclusivity period for soliciting acceptances of the Debtors’ Plan expires on 8/11/11. The Debtors are optimistic that the Debtors will complete the solicitation process and obtain this Court’s approval of confirmation of the Debtors’ proposed Plan at the conclusion of the 8/30/11 confirmation hearing. Indeed, both the OCC and OEC support the Plan. To avoid unnecessary disruptions to the solicitation process that is underway and the consensus on the proposed Plan that currently exists, the Debtors request the Court to extend the Debtors’ Exclusivity Period up to and through the conclusion of the August 30 Confirmation Hearing.

Hearing requested for 8/09/11 at 10:00.

Source: KCC [Docket 1112]

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