Update from Diligent Investor
HearUSA (HEARQ)
On the very same day that the Court entered an order approving the 3rd extension of Exclusivity through and until January 17, 2012, the Debtor asked for a one week continuance on a couple of other matters. If that request is approved by the Court, the near-term HearUSA calendar would look as such:
January 12, 2012:
Status Conference Regarding the Notice of Removal by Plaintiff HearUSA, Inc in connection with the Celestial Holdings matter.
January 17, 2012:
Lapsing of the Debtor’s Exclusivity Period
January 19, 2012
Hearing on: Motion for Authority to Implement Amendments to Existing Equity Compensation Plans; And
Motion to Extend Time to Exercise Vested Stock Options, or, in the Alternative, Motion to Stay Ninety Day Period to Exercise Vested Stock Options
The case is In re HearUSA, Inc., Case No. 11-23341-BKC-EPK (SDFL – West Palm Beach Division).
