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Published on 12/9/2021 in the Prospect News Distressed Debt Daily.

U-Haul Co. of West Virginia gets extension of exclusivity period

By Sarah Lizee

Olympia, Wash., Dec. 9 – U-Haul Co. of West Virginia secured an extension of its exclusive period to obtain confirmation of a Chapter 11 plan to Feb. 17, according to an order filed Thursday with the U.S. Bankruptcy Court for the Southern District of West Virginia.

The company filed its initial Chapter 11 plan on June 29. The plan was amended twice in August.

A confirmation hearing was originally scheduled for Oct. 20, but the court deferred confirmation until it could determine the issue of whether or not the Ferrell glass claimants will have a claim in the case. The confirmation hearing was moved to Dec. 17.

The previous 180-day deadline the debtor had to obtain confirmation of its plan would have expired on Dec. 13.

The company serves do-it-yourself moving and self-storage customers in West Virginia and small parts of Kentucky, Virginia and Ohio. It filed bankruptcy on June 16 under Chapter 11 case number 21-20140.


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