Burro Sand’s exclusive plan filing period extended through Aug. 3

By Sarah Lizee

Olympia, Wash., May 23 – Aequor Mgt LLC, which does business as Burro Sand, had its exclusive period to file a Chapter 11 plan extended through Aug. 3, according to an order filed with the U.S. Bankruptcy Court for the Eastern District of Texas.

As previously reported, the company had also asked the court to extend the exclusive solicitation period through Oct. 2. That extension was not granted by the order.

The company filed a Chapter 11 plan of reorganization and related disclosure statement on May 5, after the company had asked for the exclusivity extension.

The plan aims to consolidate the debtors and their estates, create a creditor trust, vest the trust with property and enable the trust to attempt to monetize the assets to make distributions to creditors.

Tyler, Tex.-based Burro Sand is a frac sand mining and processing plant. The company filed bankruptcy on Jan. 5 under Chapter 11 case number 23-60010.

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