Haven Healthcare exclusivity extended through March 26 hearing

By Jennifer Lanning Drey

Portland, Ore., March 7 - Haven Healthcare Management, LLC obtained a bridge exclusivity extension to March 26, after the company's hearing for approval of a 90-day extension was postponed to the same date, according to a Friday filing with the U.S. Bankruptcy Court for the District of Connecticut.

As previously reported, Haven Healthcare wants to extend its exclusive plan filing period to 90 days from March 19 and the solicitation period to 90 days from May 18.

In its motion requesting the extension, Haven said termination of its exclusivity period at this time would hinder its efforts to identify potential investors.

Haven, a Middletown, Conn.-based nursing home operator, filed for bankruptcy on Nov. 20. Its Chapter 11 case number is 07-32722.

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