Winn-Dixie granted extension to exclusivity periods

By Jennifer Chiou

New York, March 10 - Winn-Dixie Stores, Inc. was granted an extension to its exclusive periods to file a plan of reorganization and solicit acceptances on the plan, according to a Thursday filing with the U.S. Bankruptcy Court for the Middle District of Florida.

The company exclusive plan filing period was extended to April 19 from March 20 and the solicitation period to May 21 from April 22.

In its request for the extension, the company said it was in discussions with the official committee of unsecured creditors regarding structure and terms for a plan of reorganization, and a significant open issue is the treatment of unsecured claims against each of the individual affiliated debtors, or in the alternative, consideration of the substantive consolidation of the company's estates.

Winn-Dixie, a Jacksonville, Fla., supermarket company, filed for Chapter 11 on Feb. 21, 2005 in the U.S. Bankruptcy Court for the Southern District of New York. The case was later transferred to the Middle District of Florida. Its Chapter 11 case number is 05-03817.

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