Standard Register Applies for Plan Extension
DAYTON, Ohio—July 10, 2015—Standard Register has filed an extension request for the filing of its Chapter 11 bankruptcy plan, WHIO-TV reported. The company filed a motion in U.S. Bankruptcy Court for the District of Delaware, seeking an additional 90 days to file its plan.
Without the extension, Standard's 120-day plan period expires July 10. The window to seek acceptance of the plan is set to expire Sept. 8. The company wants to push those respective deadlines to Oct. 8 and Dec. 7.
A hearing regarding the extension is slated for Aug. 18. In the event the request is not granted, another entity could theoretically file a competing Chapter 11 plan, WHIO-TV said.
Taylor Corp. of North Mankato, Minnesota, was the winning bidder at $307 million for Standard Register's assets in a court auction in June.