STAR Dynamics seeks 90-day exclusivity extension amid asset marketing

By Kali Hays

New York, July 8 – STAR Dynamics Corp. requested a second extension of its exclusive plan of liquidation filing and solicitation periods, according to a July 8 motion with the U.S. Bankruptcy Court for the Southern District of Ohio.

The company asked that its exclusive filing period be extended through Oct. 6 from July 8 and its solicitation period through Dec. 8 from Sept. 8.

STAR cited as cause for the extension its continued efforts in the marketing of company assets coupled with ongoing litigation with BAE Systems Technology Solutions & Services, Inc. concerning ownership rights of the company and its designs, according to the motion.

STAR Dynamics, a Hilliard, Ohio-based instrumentation radar systems company, filed bankruptcy on Dec. 10. The Chapter 11 case number is 13-59657.

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