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Published on 12/18/2014 in the Prospect News Distressed Debt Daily.

Trigeant support deal confirmation, effective date deadlines amended

By Caroline Salls

Pittsburgh, Dec. 18 – Trigeant Holdings Ltd.’s plan of reorganization support agreement was amended to revise deadlines for the confirmation and effective date of the plan, according to a Thursday filing with the U.S. Bankruptcy Court for the Southern District of Florida.

Specifically, the amended agreement requires the plan to be confirmed by 5 p.m. ET on March 2. The plan effective date and closing of the company’s sale transaction must occur by 5 p.m. ET on March 27.

Trigeant, a Boca Raton, Fla.-based petroleum company, filed for bankruptcy on Aug. 25. The Chapter 11 case number is 14-29027.


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