Hytera eyes 120-day exclusivity extension in Chapter 11 case

By Caroline Salls

Pittsburgh, Sept. 4 – Hytera Communications America (West), Inc. is seeking an extension of its exclusive periods for filing and soliciting votes on a Chapter 11 plan, according to a motion filed Thursday with the U.S. Bankruptcy Court for the Central District of California.

The company is asking the court to extend its exclusive plan-filing period by 120 days through Jan. 11 and the solicitation period through March 12.

According to the motion, on Aug. 27, the court continued hearings on a motion from Motorola Solutions, Inc. to dismiss or suspend Hytera’s Chapter 11 proceedings and a hearing on approval of the sale of Hytera’s assets to Dec. 17.

Hytera said it has been “in extensive litigation with Motorola concerning the administration of these Chapter 11 cases and the sale of the debtors’ assets,” which has consumed the resources of the company and its professionals.

“These Chapter 11 cases have effectively been suspended until the motion to dismiss and sale motion are heard on Dec. 17,” the motion said. “In the absence of a ruling on the motion to dismiss and/or sale motion, it would be a waste of estate resources to negotiate the terms of a plan.”

A hearing is scheduled for Oct. 1.

Hytera is an Irvine, Calif.-based communications company. The company filed bankruptcy on May 26 under Chapter 11 case number 20-11507.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.