Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers L > Headlines for Life Settlements Absolute Return I, LLC > News item |
Life Settlements Absolute Return I gets fourth exclusivity extension
By Caroline Salls
Pittsburgh, Jan. 30 – Life Settlements Absolute Return I, LLC obtained a fourth extension of its exclusive periods for filing and soliciting votes on a Chapter 11 plan, according to an order filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
The exclusive plan-filing period was extended through April 29 from Jan. 28 and the solicitation period through June 25 from March 27.
According to the motion, Life Settlements cannot finalize an appropriate plan of reorganization until issues related to a Government of the Virgin Islands lien are resolved.
Life Settlements is a Greenville, S.C.-based insurance company. The company filed bankruptcy on Dec. 29, 2017 under Chapter 11 case number 17-13030.
© 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.