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Published on 3/10/2015 in the Prospect News Distressed Debt Daily.

O.W. Bunker allowed interim one-month extension of plan filing period

By Kali Hays

New York, March 10 – O.W. Bunker Holding North America Inc. received a 35-day extension of its exclusive plan filing period under a March 10 bridge order from the U.S. Bankruptcy Court for the District of Connecticut.

The company’s filing period is extended through April 17.

As previously reported, O.W. Bunker asked for an extension of its filing period through July 13 from March 13 and its solicitation period through Sept. 9, 2015 from May 12.

As there were no objections to the request, the court ordered the brief extension to allow for a full hearing to take place without the filing period expiring.

A hearing on the full extension is set for April 7.

O.W. Bunker is an independent distributor and reseller of marine fuel and is based in Denmark. Its U.S. subsidiaries filed for bankruptcy on Nov. 13 under Chapter 11 case number 14-51720.


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