Diamond Glass exclusive plan-filing period extended to Nov. 28

By Caroline Salls

Pittsburgh, Aug. 12 - Diamond Glass, Inc. obtained court approval to extend its exclusive plan of reorganization filing period to Nov. 28, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of Delaware.

The exclusive plan-filing period was previously set to expire on July 30.

The company also received court approval to extend its exclusive plan vote solicitation period to Jan. 27 from Sept. 26.

Diamond Glass said it has been focused on securing debtor-in-possession financing and completing the sale of substantially all of its assets, so the company did not have time to formulate a plan within the previous exclusivity periods.

The company also cited the size and complexity of its bankruptcy case.

Diamond Glass, a Kingston, Pa., automotive glass replacement and repair company, filed for bankruptcy on April 1. Its Chapter 11 case number is 08-10601.

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