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Published on 10/27/2006 in the Prospect News Distressed Debt Daily.

Entergy New Orleans' exclusive plan filing period extended to coincide with termination hearing

By Caroline Salls

Pittsburgh, Oct. 27 - Entergy New Orleans, Inc.'s exclusive period to file a plan of reorganization was extended to Nov. 15 to coincide with the hearing on a motion to terminate the company's exclusivity, according to a Friday filing with the U.S. Bankruptcy Court for the Eastern District of Louisiana.

The company filed a plan and related disclosure statement on Oct. 23.

The company's exclusive period to solicit votes on the plan was extended to Dec. 22, or upon further court order.

On July 27, the company asked the court to extend its exclusive plan filing period to Dec. 19 from Aug. 21 and the solicitation period to Feb. 15, 2007 from Oct. 18.

Entergy New Orleans provides electric and natural gas service to customers in New Orleans and is the smallest of Entergy Corp.'s five utility companies. Entergy New Orleans filed for Chapter 11 on Sept. 23, 2005. Its case number is 05-17697.


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