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Published on 9/10/2004 in the Prospect News Distressed Debt Daily.

Parmalat USA gets court approval for more time to file plan

By Jeff Pines

Washington, Sept. 10 - Parmalat USA Corp. obtained an extension to the date it must file a reorganization plan under the terms of its debtor-in-possession financing.

The order was filed with the U.S. Bankruptcy Court for the Southern District of New York on Thursday.

Parmalat will now have until Sept. 16 to file a plan instead of Sept. 9.

The company filed for bankruptcy on Feb. 24. Its Chapter 11 case number is 04-11139.


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