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MediCor gets two-month exclusivity extension
By Reshmi Basu
New York, Oct. 24 - MediCor Ltd. received a 60-day extension to its exclusive periods to file a plan of reorganization and solicit votes on the plan, according to a Wednesday filing with the U.S. Bankruptcy Court for the District of Delaware.
The company's exclusive plan-filing period was extended to Dec. 26 from Oct. 27 and the solicitation period to Feb. 25 from Dec. 26.
As previously reported, the company said the extension is necessary to allow it to complete its asset sale and to then formulate a plan of reorganization.
MediCor, a North Las Vegas, Nev., health care company that makes and sells products for the aesthetic, plastic and reconstructive surgery and dermatology markets, filed for bankruptcy on June 29. Its Chapter 11 case number is 07-10877.
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