Orius granted exclusivity extension

By Jennifer Lanning Drey

Eugene, Ore., May 17 - Orius Corp. obtained an extension to its exclusivity periods to file a plan of reorganization and solicit votes on the plan, according to an attorney associated with the case.

The company's exclusive plan filing period was extended to June 21 from May 17 and the solicitation period to Aug. 22 from June 17.

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

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.