PBGC requests adjournment of Harry & David pension termination hearing

By Caroline Salls

Pittsburgh, July 18 - The Pension Benefit Guaranty Corp. is seeking a two-week adjournment of Harry & David Holdings, Inc.'s July 22 pension plan termination motion, according to a Monday filing with the U.S. Bankruptcy Court for the District of Delaware.

In addition, the PBGC asked the bankruptcy court to reopen discovery ahead of the hearing "to permit PBGC to probe the significance of a vast trove of new documents produced by counsel for Harry and David at the eleventh hour."

Specifically, the agency said the company produced more than 11,000 pages of documents on Friday, which was three weeks after they were due and less than one week before the hearing is currently scheduled to begin.

Harry & David, a Medford, Ore.-based gourmet food and fruit gifts purveyor, filed for bankruptcy on March 28. The Chapter 11 case number is 11-10884.

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