Radnor Requests Extension Of Solicitation Period

Law360, New York (September 7, 2007, 12:00 AM EDT) -- Bankrupt manufacturer Radnor Holdings Corp. has requested an extension of the exclusive period during which it can solicit acceptance for its reorganization plan.

In a motion filed Thursday in the U.S. Bankruptcy Court for the District of Delaware, the Pennsylvania-based debtors said they need an additional 121 days to negotiate the terms of their plan with the official committee of unsecured creditors, the private equity firm that purchased most of Radnor’s assets and other parties. The company has also asked the court to bar others from...
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