MediCor requests 24-day exclusivity extension

By Caroline Salls

Pittsburgh, Dec. 5 - MediCor Ltd. has requested a sixth extension to its exclusive periods to file a plan of reorganization and solicit votes on the plan, according to a Friday filing with the U.S. Bankruptcy Court for the District of Delaware.

The company wants to extend its exclusive plan-filing period to Dec. 29 from Dec. 5 and the solicitation period to Feb. 27 from Feb. 3.

According to the release, MediCor needs more time to finalize plan negotiations, as well as to finalize the terms of a receiver settlement.

A hearing is scheduled for Jan. 6.

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, 2007. Its Chapter 11 case number is 07-10877.

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