Longview Power eyes further exclusivity extension to move plan forward

By Kali Hays

New York, March 13 - Longview Power, LLC requested a further extension of its exclusive periods for filing and soliciting votes on a plan of reorganization, according to a Wednesday filing with the U.S. Bankruptcy Court for the District of Delaware.

The company asked that its filing period be extended through June 4 from March 14 and its solicitation period through August 5 from May 14.

The Longview debtors requested the extension to "complete their financial and operational restructuring initiatives, to drive their plan process forward and to bring these Chapter 11 cases to a successful conclusion" and said the extension is "squarely in the interest of all stakeholders," the filing stated.

A hearing is scheduled for April 28.

Longview, an integrated power generation enterprise based in Maidsville, W.Va., filed for bankruptcy on Aug. 30. The Chapter 11 case number is 13-12211.

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