Trigeant looks to extend plan vote solicitation period through June 22

By Caroline Salls

Pittsburgh, April 6 – Trigeant Holdings, Ltd. requested an extension through June 22 of its exclusive period for soliciting votes on a Chapter 11 plan, according to a Monday filing with the U.S. Bankruptcy Court for the Southern District of Florida.

The exclusive solicitation period is scheduled to expire on April 22.

While it maintains that no classes of claims or interests are impaired under its plan and therefore no solicitation is required, as well as that the required amount of interest holders have already voted to accept the plan, Trigeant said the exclusivity period should be extended because the plan has not yet been confirmed.

The plan confirmation hearing is set to begin on May 4.

A hearing on the exclusivity extension hearing is scheduled for April 20.

Trigeant, a Boca Raton, Fla.-based petroleum company, filed for bankruptcy on Aug. 25, 2014. The Chapter 11 case number is 14-29027.

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