Starry Group eyes lengthy post-confirmation exclusivity extension

By Sarah Lizee

Olympia, Wash., June 21 – Starry Group Holdings, Inc. is seeking a 120-day post-confirmation extension of its exclusive periods to file and solicit votes on a Chapter 11 plan, according to a motion filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

Specifically, the company asked the court to extend the exclusive plan filing period through Oct. 20 and the exclusive solicitation period through Dec. 19.

As previously reported, the company received confirmation of a Chapter 11 plan on May 26.

The company said the motion is predominantly based on anticipated regulatory approvals, which are necessary for the debtors’ confirmed plan to become effective.

“Terminating the exclusive periods would only serve to foster a chaotic environment and only add the opportunity for parties to engage in counterproductive behavior in pursuit of alternatives that are simply not feasible under the circumstances of the Chapter 11 cases,” the company said in its motion.

A hearing is scheduled for July 20.

Starry is a Boston-based internet service provider. The company filed bankruptcy on Feb. 20 under Chapter 11 case number 23-10219.

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