Amazing Savings requests extension to exclusive periods

By Caroline Salls

Pittsburgh, April 14 - HIA Trading Associates asked for an extension to its exclusive periods in a filing Thursday with the U.S. Bankruptcy Court for the Southern District of New York.

The South Plainfield, N.J.-based parent of close-out retailers Amazing Savings and Odd-Job Trading asked for its exclusive period to file a plan to be prolonged to July 12 from May 12 and its exclusive period to solicit votes to be extended to Sept. 9 from July 11.

HIA Trading said in the filing that it is asking for the extensions based on the size and complexity of the case and that it has made progress toward development of a plan.

"This chapter 11 case is large and complex. It involves 25 debtors with 87 stores in nine states," HIA said in the filing.

A hearing is set for April 29.

HIA filed for bankruptcy on Jan. 13. Its Chapter 11 case number is 05-10171.

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