Werner Seeks Exclusivity Extension

Law360, New York (March 9, 2007, 12:00 AM EST) -- Werner Co. has asked the court overseeing its Chapter 11 proceedings to extend the company’s exclusive rights to file and seek support for a restructuring plan, as the bankrupt ladder maker deals with two competing offers to acquire its assets.

Werner filed a motion Wednesday seeking an extension of its exclusive period to file and lobby for acceptance of a Chapter 11 plan, through May 17, 2007 and July 16, 2007, respectively. If U.S. Bankruptcy Judge Kevin J. Carey signs off on Werner’s request, it would...
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