Radnor Wins Extension Of Exclusivity Rights

Law360, New York (May 18, 2007, 12:00 AM EDT) -- Radnor Holdings Corp. has won a 90-day extension of its exclusive right to file a Chapter 11 reorganization plan, preventing other parties from submitting rival plans as the company moves toward liquidation.

U.S. Bankruptcy Judge Peter J. Walsh on Thursday signed off on an order extending Radnor’s exclusive right to file one or more plans through July 17, 2007 and its exclusive right to lobby for acceptance of the plan through Sept. 15, 2007, holding that the relief requested in Radnor’s April 17 extension motion was...
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