MediCor granted three-month exclusivity extension to complete asset sales

By Caroline Salls

Pittsburgh, March 14 - MediCor Ltd. obtained an 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's exclusive plan filing period was extended to May 26 from Feb. 25 and the solicitation period to July 24 from April 25.

MediCor said the extension is needed to allow it sell some of its assets and to complete mediation on various issues.

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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