MediCor granted sixth exclusivity extension

By Caroline Salls

Pittsburgh, Jan. 6 - MediCor Ltd. was granted court approval of a sixth extension to its exclusive periods to file a plan of reorganization and solicit votes on the plan, according to a Monday filing with the U.S. Bankruptcy Court for the District of Delaware.

The company's exclusive plan-filing period was extended to Dec. 29 from Dec. 5 and the solicitation period to Feb. 27 from Feb. 3.

According to the release, MediCor needed more time to finalize plan negotiations, as well as to finalize the terms of a receiver settlement.

MediCor, a North Las Vegas, Nev., health care company that makes and sells products for the aesthetic, plastic and reconstructive surgery and dermatology markets, filed for bankruptcy on June 29, 2007. Its Chapter 11 case number is 07-10877.

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