O.W. Bunker Holding given additional month to file and solicit plan

By Kali Hays

New York, April 16 – O.W. Bunker Holding North America Inc. received a one-month extension of its exclusive chapter 11 plan filing and solicitation periods under a Thursday order from the U.S. Bankruptcy Court for the District of Connecticut.

The company’s plan filing period is extended to May 13 from April 17 and its solicitation period to July 15 from June 16.

As previously reported, O.W. Bunker’s initial filing deadline was extended to April 17 under a March 10 bridge order to allow for a full hearing on the extension to take place without expiration of the period.

The company had requested an extension of its filing period through July 13 from March 13 and its solicitation period through Sept. 9, 2015 from May 12.

No reason for the shortened extension was given in the order.

O.W. Bunker is an independent distributor and reseller of marine fuel and is based in Denmark. Its U.S. subsidiaries filed for bankruptcy on Nov. 13 under Chapter 11 case number 14-51720.

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