The U.S. Bankruptcy Court approved Oakridge Holdings’ motion to extend the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof.
The order states, “The debtors shall have the exclusive right to file a plan of reorganization as to each jointly administered case for an additional 87 days. The extended exclusivity period extends, nunc pro tunc from January 19, 2018 and shall expire on April 16, 2018 unless further extended by order of the Court. The debtors shall file a plan of reorganization no later than Monday, April 16, 2018 at 4 p.m.”
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