In re Hermanos Torres Perez Inc.
Jun
02
2010
Ruling
Extension of exclusivity period for filing plan did not automatically extend acceptance period.
Procedural posture
In a chapter 11 bankruptcy proceeding, a creditor filed a motion on April 22, 2010 for leave to file a competing chapter 11 plan. The debtor opposed the request on the basis that a December 4, 2009 order extending the exclusivity period under 11 U.S.C.S. § 1121(d) applied not just to the filing but to the acceptance of the plan.
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Court
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