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Vitro Asset stays order converting cases to Chapter 7 to Feb. 21
By Lisa Kerner
Charlotte, N.C., Feb. 15 - Vitro Asset Corp. and an informal group of its noteholders agreed to extend through Feb. 21 the stay of court orders converting the Vitro bankruptcy cases to Chapter 7 and calling for the appointment of a Chapter 11 trustee, according to documents filed Feb. 15 with the U.S. Bankruptcy Court for the Northern District of Texas.
The stay expires at 3 p.m. ET on Feb. 21.
The trustee appointment was stayed for the duration of the conversion stay period, and the U.S. Trustee was ordered not to appoint a Chapter 11 trustee until further notice from the court or the filing of a termination notice.
Vitro is a Nuevo Leon, Mexico-based glass manufacturer. Its Chapter 11 case number is 11-32600.
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