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Published on 8/31/2007 in the Prospect News Distressed Debt Daily.

Musicland plan confirmation, effective date deadlines pushed back

By Caroline Salls

Pittsburgh, Aug. 31 - Musicland Holding Corp.'s deadlines for confirmation of its plan of liquidation and for the plan effective date were pushed back Friday to coincide with the recent postponement of the plan confirmation hearing, according to a filing with the U.S. Bankruptcy Court for the Southern District of New York.

Since the confirmation hearing was pushed back to Sept. 27, the confirmation deadline was extended to Sept. 30 from Aug. 31 and the effective date deadline was extended to Oct. 31 from Sept. 30.

Musicland, a Minnetonka, Minn., specialty retailer of pre-recorded entertainment software products, filed for bankruptcy on Jan. 12, 2006. Its Chapter 11 case number is 06-10064.


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