Uni-Marts granted three-month exclusivity extension

By Caroline Salls

Pittsburgh, Oct. 20 - Uni-Marts, LLC was granted an extension to its exclusive periods to file a plan of reorganization and solicit votes on the plan, according to a Monday filing with the U.S. Bankruptcy Court for the District of Delaware.

The company's exclusive plan-filing period was extended to Dec. 23 from Sept. 26 and the solicitation period to Feb. 23 from Nov. 25.

According to the motion, the company has not yet closed on the sale of substantially all of its assets. Uni-Marts said it will not be in a position to evaluate the assets it has for distribution to creditors until after the sale closes.

Uni-Marts, a State College, Pa.-based convenience store operator, filed for bankruptcy on May 29. Its Chapter 11 case number is 08-11037.

© 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.