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Quigley gets approval for six-month DIP financing commitment extension
By Lisa Kerner
Charlotte, N.C., Aug. 16 - Quigley Co. Inc.'s post-bankruptcy financing commitment was extended six months to Feb. 18, 2011 by the U.S. Bankruptcy Court for the Southern District of New York at a hearing on Monday, according to an attorney close to the case.
As previously reported, Quigley said the extension will give it continued access to debtor-in-possession financing while it continues to work toward confirmation and completion of its plan of reorganization.
DIP loan agent Pfizer Inc. agreed to the extension.
Quigley, a unit of Pfizer Inc., filed for bankruptcy on Sept. 3, 2004. Its Chapter 11 case number is 04-15739.
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