First Motion for Exclusivity Period Extension Filed by Legacy Reserves Inc.
September 20, 2019 at 12:00 am EDT
Legacy Reserves Inc. filed a motion in the US Bankruptcy Court seeking the extension of its exclusivity periods on September 20, 2019. 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 January 14, 2020, and March 16, 2020, respectively. The debtor’s current exclusivity period and solicitation period would expire on October 16, 2019, and December 15, 2019, respectively.