Ampex plan confirmation hearing deadline extended to Aug. 15

By Caroline Salls

Pittsburgh, July 7 - Some of Ampex Corp.'s creditors have agreed to extend the deadline for holding a confirmation hearing on the company's plan of reorganization to Aug. 15, according to an 8-K filed with the Securities and Exchange Commission.

The deadline was extended as part of an amendment to a plan support agreement with some of the company's creditors.

The plan confirmation hearing was previously required to be held within 35 days of the disclosure statement approval hearing.

The disclosure statement was approved on June 11.

Ampex, a Redwood City, Calif., technology licensing company, made a pre-packaged bankruptcy filing on March 30 in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 08-11094.

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