First Motion for Exclusivity Period Extension Filed by ESP Petrochemicals, Inc.
June 13, 2016 at 12:00 am EDT
ESP Petrochemicals, Inc. filed a motion in the US Bankruptcy Court seeking the extension of its exclusivity periods on June 13, 2016. As per the motion, the debtor seeks to extend its exclusivity periods for both, to file a plan and to solicit votes on a plan, by 90 days i.e. up to October 6, 2016 and December 5, 2016, respectively. The debtor’s current exclusivity period and solicitation period would expire on July 8, 2016 and September 6, 2016, respectively.