Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Orius Corp. > News item |
Orius requests 10-day exclusivity extension to finish plan term negotiations
By Caroline Salls
Pittsburgh, April 11 - Orius Corp. requested a 10-day extension to its exclusive periods to file a plan of liquidation and solicit votes on the plan, according to a Monday filing with the U.S. Bankruptcy Court for the Northern District of Illinois.
The company wants to extend its exclusive plan filing period to April 21 from April 11 and the solicitation period to June 20 from June 10.
Orius said the extension is necessary for it to finalize plan term negotiations with its secured lenders and official committee of unsecured creditors.
A hearing is scheduled for Thursday.
Orius, a West Palm Beach, Fla., provider of construction, deployment and maintenance services to the telecommunications, broadband, gas and electric utilities and government industries, filed for bankruptcy on Dec. 12. Its Chapter 11 case number is 05-63876.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.