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Le Centre on Fourth seeks exclusivity extension amid settlement talks
By Caroline Salls
Pittsburgh, May 17 – Le Centre on Fourth, LLC asked for extensions to its exclusive periods to file a plan of reorganization and to solicit acceptances in a motion filed Wednesday with the U.S. Bankruptcy Court for the Southern District of Florida.
The company is seeking to extend its plan-filing exclusivity by 60 days through July 25 from May 25 and its solicitation exclusivity through Sept. 25.
Le Centre said it will use the additional time to continue settlement discussions while preserving its exclusivity.
The company has requested a May 23 hearing.
Plantation, Fla.-based Le Centre on Fourth is the holding company for the Embassy Suites hotel in Louisville, Ky. The company filed for bankruptcy on Nov. 10 under Chapter 11 case number 17-23632.
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