Saint Vincent Pleads For Chapter 11 Extension

Law360, New York (February 28, 2006, 12:00 AM EST) -- Still trying to unload three struggling hospitals, Saint Vincent Catholic Medical Centers has asked the bankruptcy court to extend its exclusive control over its Chapter 11 case for an additional four months.

Saint Vincent, which runs six hospitals in the New York area, requested that the bankruptcy court delay until June its sole right to file a reorganization plan, originally set to expire on March 13.

If granted, the extension would bar other parties from filing competing plans, allowing Saint Vincent to retain control over the...
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