Former Insulation Seller Gets More Time To File Reorganization Plan
Mealey's (February 22, 2016, 1:04 PM EST) -- NEW ORLEANS — A Louisiana federal bankruptcy judge on Feb. 19 gave new Chapter 11 debtor Eagle Inc. three more months to file a plan of reorganization, an extension supported by one of the debtor’s insurers, which said more information about Eagle’s activities and plans is needed before terminating the debtor’s exclusive right to file a reorganization plan (In re: Eagle, Inc., No. 15-12437, E.D. La. Bkcy.).
(Order available. Document #48-160226-014R.)
Eagle, a former gasket and insulation sales company in New Orleans, filed a...