Quigley requests extension to exclusive period to solicit votes on plan

By Caroline Salls

Pittsburgh, July 18 - Quigley Co. requested an extension to it exclusive period to solicit votes on its plan of reorganization, according to a Friday filing with the U.S. Bankruptcy Court for the Southern District of New York.

The company wants to extend the exclusive period to Nov. 30 from Aug. 1.

Quigley said the extension is needed because it is in negotiations with parent Pfizer Inc., the creditors committee and the representative of holders of future asbestos personal injury claims on more intricate terms of the plan.

Although it has resolved most, if not all, of the information gaps in the disclosure statement, Quigley said there are a number of open issues still to be addressed.

A hearing is scheduled for July 26.

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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