Qimonda Richmond granted second exclusivity extension to prepare plan

By Alice Popovici

New York, Oct. 23 - Qimonda Richmond, LLC received a second extension to its exclusive periods to file a plan of reorganization and solicit votes on the plan in order to liquidate assets and review its claims pool before starting a plan process, according to a Thursday filing with the U.S. Bankruptcy Court for the District of Delaware.

The company's exclusive plan-filing period will be extended to March 1 from Oct. 18 and the solicitation period to April 30, 2010 from Dec. 17.

Qimonda Richmond, a U.S. subsidiary of Munich, Germany-based semiconductor memory products producer Qimonda AG, filed for bankruptcy on Feb. 20, 2009. The Chapter 11 case number is 09-10589.

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