Former Anchor Blue seeks third exclusivity extension to file plan

By Lisa Kerner

Charlotte, N.C., March 24 - Hub Holding Corp., formerly Anchor Blue Retail Group, requested a third extension to its exclusive periods to file a plan of reorganization and solicit votes on the plan, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of Delaware.

The company wants to extend its exclusive filing period to Sept. 23 from March 23 and the solicitation period to Nov. 24, 2010 from May 24.

Hub said it is requesting the extension in order to fully pursue a federal tax refund that is essential to its Chapter 11 plan.

A hearing is scheduled for April 20.

Anchor Blue, an Ontario, Calif., holding company for its Anchor Blue Division and Levi's & Dockers Outlet by MOST Division subsidiaries, filed for bankruptcy on April 27, 2009. The Chapter 11 case number is 09-11770.

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