Court Extends Sea Containers Filing Deadline
Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District of Delaware approved a 120-day extension, which gives Sea Containers the exclusive right to propose a Chapter 11 reorganization plan until June 12. The company now has until Aug. 11 to solicit creditors for a plan and until May 13 to assume or reject its real property leases.
Sea Containers and two...
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