American Home Wins Another Exclusivity Extension

Law360, New York (March 27, 2008, 12:00 AM EDT) -- The bankruptcy court overseeing the Chapter 11 proceedings of American Home Mortgage Holdings Inc. has extended the exclusivity period for the lending company to file a plan and solicit acceptances as it tries to settle pending disputes.

Judge Christopher S. Sontchi of the U.S. Bankruptcy Court for the District of Delaware approved the second extension Wednesday, giving AHM until June 2 to file a plan with the court and until July 31 to solicit acceptances for its plan.

AHM requested the extension on Feb. 29, pointing...
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