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Former Pegasus Home gets extension of exclusive plan periods
By Sarah Lizee
Olympia, Wash., April 8 – PHF, Inc., formerly Pegasus Home Fashions, Inc., secured an extension of its exclusive periods to file and solicit votes on a Chapter 11 plan, according to an order filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
The court extended the exclusive plan filing period by 90 days through June 20 and the exclusive solicitation period by 90 days through Aug. 19.
The debtor already filed a plan and received confirmation of it on March 28, as previously reported.
The company said it had filed the motion out of an abundance of caution.
The Elizabeth, N.J.-based company manufactures bedding and home products. The company filed bankruptcy on Aug. 24, 2023 under Chapter 11 case number 23-11235.
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