Nebraska Book Gears Up For Ch. 11 Confirmation

Law360, Wilmington (May 23, 2012, 9:44 PM EDT) -- A Delaware bankruptcy judge agreed Wednesday to extend the exclusivity period for Nebraska Book Co.'s reorganization plan and expedite the hearing for an amended version of a crucial $80 million backstop loan in advance of the bookseller's Chapter 11 confirmation date next week.

U.S. Bankruptcy Judge Peter J. Walsh signed off on the bookseller's motions seeking an exclusivity extension and requesting that he schedule a Friday hearing to rule on the loan amendment.

The college bookstore chain received Walsh's permission to solicit votes for the third...
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