Judge Gives U.S. Energy More Time To File Plan

Law360 (July 23, 2008, 12:00 AM EDT) -- A federal bankruptcy judge has given bankrupt U.S. Energy Systems Inc. more time to exclusively file a plan to claw its way out of Chapter 11.

In an order filed Tuesday, Judge Robert D. Drain of the U.S. Bankruptcy Court for the Southern District of New York gave the company until Aug. 22 to file its plan and until Oct. 21 to win acceptance of the plan. No one objected to the extension.

In a motion filed June 19, the company asked for its second extension...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.