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Published on 5/6/2009 in the Prospect News Distressed Debt Daily.

Syntax-Brillian looks to extend exclusive vote solicitation period

By Jennifer Lanning Drey

Portland, Ore., May 6 - Syntax-Brillian Corp. requested an extension to its exclusive period to solicit votes on its plan of reorganization, according to a Wednesday filing with the U.S. Bankruptcy Court for the District of Delaware.

The company wants to extend the exclusive solicitation period to June 15 from May 11.

Syntax-Brillian's plan of reorganization was approved at a hearing in April, but a confirmation order has not been entered, and the effective date of the plan has not yet been set.

The company said the exclusivity extension would allow sufficient time to negotiate the submission of a consensual confirmation order.

A hearing is scheduled for May 28.

Syntax-Brillian is a Tempe, Ariz.-based designer, developer and distributor of LCD HDTVs, digital cameras and microdisplay entertainment products. The company filed for bankruptcy on July 8, 2008. Its Chapter 11 case number is 08-11407.


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