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Published on 4/9/2008 in the Prospect News Distressed Debt Daily.

Haven Healthcare exclusivity hearing continued to April 23; bridge extension granted through hearing

By Jennifer Lanning Drey

Portland, Ore., April 9 - Haven Healthcare Management LLC's hearing on the company's request for a three-month exclusivity extension was continued to April 23 by the U.S. Bankruptcy Court for the District of Connecticut, according to an attorney.

The company has received a bridge exclusivity extension through that date.

As previously reported, the company wants to extend its exclusive plan-filing period to 90 days from April 1 and the solicitation period to 90 days from May 18.

Haven's official committee of unsecured creditors objected to the exclusivity extension on March 27.

Haven, a Middletown, Conn.-based nursing home operator, filed for bankruptcy on Nov. 20. Its Chapter 11 case number is 07-32722.


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