Tronox gets fourth exclusivity extension to develop consensual plan

By Lisa Kerner

Charlotte, N.C., April 28 - Tronox Inc. was granted a fourth extension to its exclusive periods to file a plan of reorganization and solicit votes on the plan, according to an attorney close to the case.

The U.S. Bankruptcy Court for the Southern District of New York extended the company's exclusive plan-filing period to July 12 from March 15 and the solicitation period to Sept. 13 from May 14.

In December the court extended Tronox's exclusive plan-filing period up to and including March 15 from Dec. 15 and the solicitation period up to and including May 14 from Feb. 15.

Tronox, an Oklahoma City-based producer and marketer of titanium dioxide pigment, filed for bankruptcy on Jan. 12, 2009. Its Chapter 11 case number is 09-10156.

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