7677 East Berry Avenue requests three-month exclusivity extension

By Caroline Salls

Pittsburgh, Dec. 24 - 7677 East Berry Avenue Associates, LP is seeking an extension to its exclusive periods to file a plan of reorganization and solicit votes on the plan, according to a Thursday filing with the U.S. Bankruptcy Court for the District of Colorado.

The company wants to extend its exclusive filing period to March 29 from Dec. 28 and the solicitation period to May 27 from Feb. 24.

According to the motion, the company is analyzing potential plan structures and proposals and believes the prospects for a consensual plan are strong, but they need more time to formulate and negotiate a plan.

7677 East Berry, Everest Holdings, LLC and EDC Denver I, LLC are the owners of the Landmark Residential Condominium tower in Denver. The companies filed for bankruptcy on Aug. 28. The Chapter 11 case number is 09-28000.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.