Bosque's Exclusivity Period Slashed By 60 Days

Law360, New York (July 23, 2010, 3:21 PM EDT) -- A bankruptcy judge has granted a bid by senior lenders of Bosque Power Co. LLC to shorten the debtors' exclusivity period for gaining support for its proposed blueprint for reorganization, ruling that the nature of the case warrants creditors being allowed an earlier choice between competing plans.

In a ruling Thursday, Judge Ronald B. King of the U.S. Bankruptcy Court for the Western District of Texas cut off Bosque's exclusivity period — which was supposed to expire in September — at the 120-day mark, paving the...
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