Reunion Industries granted four-month exclusivity extension

By Caroline Salls

Pittsburgh, April 9 - Reunion Industries, Inc. received an extension to its exclusive periods to file a plan of reorganization and solicit votes on the plan, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of Connecticut.

The company's exclusive plan-filing period was extended to July 23 and the solicitation period to Sept. 21. Both exclusivity periods were previously set to expire 120 days before the extension dates.

According to the motion, the company needs more time to complete the sale of its CP Industries business assets.

Reunion, a Pittsburgh-based manufacturer of metal and plastic products, filed for bankruptcy on Nov. 29. Its Chapter 11 case number is 07-50727.

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