
Standard Register Co. wants an extension to file its chapter 11 bankruptcy plan.
The Dayton-based company on Wednesday filed a motion requesting an additional 90 days to get the plan in order. Standard Register is reaching a 120-day limit for the exclusive right to propose and file a plan.
If the extension is denied, any party with an interest would be free to propose a chapter 11 plan. That would likely cause chaos, damage the value of Standard Register and disrupt its expected sale to Minnesota-based…
No comments:
Post a Comment