Global Home Asks For 120-Day Extension

Law360, New York (December 4, 2006, 12:00 AM EST) -- Insolvent housewares maker Global Home Products LLC has asked a bankruptcy court to extend the deadline for its reorganization plan, requesting an additional 120 days to file and solicit creditor approval of the plan.

Global Home, which has already been granted one 120-day extension, asked the court to push the date back to June 2, 2007 to give the company more time to “negotiate an acceptable plan with creditors.”

The company argued that although the 17 Chapter 11 cases against the company have only been pending...
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