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...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.