Standard Register seeks exclusivity extension to close on asset sale

By Caroline Salls

Pittsburgh, July 8 – The Standard Register Co. is seeking an extension of its exclusive periods for filing and soliciting votes on a plan of liquidation, according to a Wednesday filing with the U.S. Bankruptcy Court for the District of Delaware.

The company wants to extend its exclusive filing period through Oct. 8 from July 10 and the solicitation period through Dec. 7 from Sept. 8.

Standard Register said it is taking the steps necessary to close on the sale of its assets soon and wind down its estates.

Following the closing, the company plans to move forward with a plan of liquidation to conclude its Chapter 11 proceedings, according to the motion.

Standard Register said its official committee of unsecured creditors does not object to the proposed extension.

A hearing is scheduled for Aug. 18.

Standard Register is a Dayton, Ohio-based provider of business documents and related services for the health care, financial services, commercial and industrial markets. The company filed for bankruptcy on March 12 under Chapter 11 case number 15-10541.

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