Former Spheris seeks to keep exclusivity following plan confirmation

By Lisa Kerner

Charlotte, N.C., Aug. 31 - SP Wind Down Inc., formerly Spheris Inc., requested a an extension to its exclusive periods to file a plan of reorganization and solicit votes on the plan "out of an abundance of caution," according to a Tuesday filing with the U.S. Bankruptcy Court for the District of Delaware.

The company wants to extend its exclusive filing period to Oct. 1 from Sept. 1 and the solicitation period to Jan. 3 from Nov. 1, the filing said.

A hearing is set for Sept. 21.

SP Wind Down's plan was confirmed on Aug. 26.

The requested extension will allow the debtors to maintain the exclusive periods in the unlikely event the confirmed plan does become effective, SP Wind Down said.

Previously the court extended SP Wind Down's exclusive filing period to Sept. 1 from June 3 and the solicitation period to Nov. 1 from Aug. 2.

Spheris is a Franklin, Tenn.-based outsource provider of clinical documentation technology and services to health systems, hospitals and group medical practices throughout the United States. The company filed for bankruptcy on Feb. 3, 2010. The Chapter 11 case number is 10-10352.

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