Citing Progress, Global Power Seeks Extension

Law360, New York (June 11, 2007, 12:00 AM EDT) -- Global Power Equipment Group Inc. has asked the Delaware court overseeing its Chapter 11 proceedings to extend the power equipment designer and fabricator's exclusive rights to file and seek support for a reorganization plan, arguing that the filing of competing plans could disrupt Global Power's businesses.

Global Power's extension motion, dated June 8, asks U.S. District Judge Brendan L. Shannon to push back the deadline for the expiration of its exclusive rights to file a Chapter 11 plan through Oct. 1, 2007, and its exclusive rights...
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