Vicorp requests three-month exclusivity extension to complete sale

By Caroline Salls

Pittsburgh, March 3 - Vicorp Restaurants, Inc. requested an extension to its exclusive periods to file a plan of reorganization and solicit votes on the plan, according to a filing with the U.S. Bankruptcy Court for the District of Delaware.

The company wants to extend its exclusive plan-filing period to June 4 from March 2 and the solicitation period to July 31 from April 30.

According to the motion, the company needs more time to complete the sale of its assets and to formulate a plan.

A hearing is scheduled for March 31.

Vicorp, a Denver-based restaurant operator, filed for bankruptcy on April 3, 2008. Its Chapter 11 case number is 08-10623.

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