Hussey Copper granted two-month exclusivity extension to work on plan

By Jim Witters

Wilmington, Del., Sept. 18 - Hussey Copper Corp. received approval for a 60-day extension of its exclusive periods for filing and soliciting votes on a plan of reorganization, according to a Sept. 18 filing with the U.S. Bankruptcy Court for the District of Delaware.

The order extends the exclusive filing period through Nov. 1 from Sept. 2 and the solicitation period through Dec. 31 from Nov. 1.

Hussey said the extension will allow it to continue to work toward the confirmation of a consensual Chapter 11 plan for each of its debtors and resolve issues arising in connection with the reconciliation of claims and the efficient wind-down of the company's operations.

Hussey, a Leetsdale, Pa.-based copper products manufacturer now known as HCL Liquidation Ltd., filed for bankruptcy on Sept. 27, 2011. Its Chapter 11 case number is 11-13010.

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