Old Carco granted exclusivity extension to file liquidation plan

By Alice Popovici

New York, Sept. 10 - Old Carco LLC, formerly Chrysler LLC, received an extension to its exclusive periods to file a plan of liquidation and solicit votes on the plan, according to a Thursday filing with the U.S. Bankruptcy Court for the Southern District of New York.

Old Carco's exclusive plan-filing period will be extended to Nov. 30 from Aug. 28 and the solicitation period to Jan. 29 from Oct. 27. The company previously received a bridge order extending its exclusive periods to file a plan and solicit votes, according to the motion.

Old Carco, an Auburn Hills, Mich.-based automotive company, filed for bankruptcy on April 30. Its Chapter 11 case number is 09-50002.

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