People's Choice Seeks 2 More Months Of Exclusivity

Law360, New York (January 30, 2008, 12:00 AM EST) -- People's Choice Home Loan Inc. has asked the court overseeing its Chapter 11 proceedings for an extension of its exclusivity rights through the end of March, arguing that a competing plan would be a distraction.

People's Choice filed its motion in the U.S. District Court for the Central District of California on Tuesday, asking U.S. Bankruptcy Judge Robert N. Kwan for a two-month extension of its exclusive rights to file and solicit support for a reorganization plan.

The requested extension wouldn't apply to People's Choice's official...
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