Case Summary:
Debtors' motions to extend exclusivity periods for filing their plans and for obtaining acceptances to those plans are granted. Case is large and complex and involves significant amounts of litigation; debtors are not merely attempting to prolong the reorganization process for the purpose of pressuring creditors to accede to their plans; objecting creditors will not be unduly prejudiced by the reasonable extensions requested.
Statue/Rule References:
11 U.S.C. § 1121(d) -- Exclusivity Period - Extension
Key Terms:
Exclusivity Periods -- Extension