Orius requests 35-day exclusivity extension to finalize plan negotiations

By Caroline Salls

Pittsburgh, May 16 - Orius Corp. requested a 35-day extension to its exclusive periods to file a plan of reorganization 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 June 21 from May 17 and its solicitation period to Aug. 22 from June 17.

According to the motion, the extension is necessary to finalize plan term negotiations.

A hearing is scheduled for Wednesday.

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, 2005. Its Chapter 11 case number is 05-63876.

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