USEC reorganization plan effective date deadline revised to Oct. 15

By Caroline Salls

Pittsburgh, July 3 – USEC Inc.’s plan of reorganization must take effect by Oct. 15, according to a disclosure statement revision filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

Previously, the disclosure statement said the plan was required to take effect within 100 days of USEC’s bankruptcy filing date.

The disclosure statement hearing is scheduled for July 7.

USEC, a Bethesda, Md.-based supplier of nuclear fuel and advanced technology services, filed for bankruptcy on March 5. The Chapter 11 case number is 14-10475.

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