E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/3/2014 in the Prospect News Distressed Debt Daily.

Sound Shore Medical seeks third exclusivity extension for negotiations

By Kali Hays

New York, April 3 - Sound Shore Medical Center of Westchester requested a third extension of its exclusive plan of reorganization filing and acceptance periods, according to a Thursday filing with the U.S. Bankruptcy Court for the Southern District of New York.

The company asked that its exclusive filing period be extended through June 23 from April 24 and its acceptance period through Aug. 22 from June 23.

The company cited ongoing plan negotiations with committee counsel regarding closing conditions on the company's asset sale as cause for the extension, according to the filing

Sound Shore, a New Rochelle, N.Y., medical center, filed Chapter 11 bankruptcy on May 29, 2013. Its Chapter 11 case number is 13-22840.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.