Toisa exclusive plan vote solicitation period extended through Aug. 7

By Caroline Salls

Pittsburgh, July 13 – Toisa Ltd.’s exclusive Chapter 11 plan vote solicitation period has been extended through Aug. 7 from July 11, according to an order filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.

The extension was agreed to by the company’s official committee of unsecured creditors and an informal committee of secured lenders.

Toisa is a Hamilton, Bermuda-based shipping business. The company filed for bankruptcy on Jan. 29, 2017 under Chapter 11 case number 17-10184.

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