Former Furniture Brands seeks 120-day extension of exclusive periods

By Kali Hays

New York, April 22 - FBI Wind Down, Inc., formerly Furniture Brands International, Inc., has requested a second extension of its exclusive plan of reorganization filing and solicitation periods, according to a Monday filing with the U.S. Bankruptcy court for the District of Delaware.

The company asked that its exclusive filing period be extended through Aug. 20 from April 22 and its solicitation period through October 21, 2014 from June 23.

The company is asking for the extension to "continue working with the committee and other key stakeholders to confirm and consummate a consensual Chapter 11 plan," according to the filing.

A hearing to approve the company's disclosure statement is scheduled for May 29.

Furniture Brands, a St. Louis-based designer, manufacturer and retailer of home furnishings, filed for bankruptcy on Sept. 9. The Chapter 11 case number is 13-12329.

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