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Published on 11/20/2009 in the Prospect News Distressed Debt Daily.

Accentia Biopharmaceuticals granted exclusivity extension to Dec. 4

By Lisa Kerner

Charlotte, N.C., Nov. 20 - Accentia Biopharmaceuticals, Inc. was granted approval to extend its exclusive periods for filing a plan of reorganization and soliciting votes on the plan, according to a Friday filing with the U.S. Bankruptcy Court for the Middle District of Florida.

The exclusive plan-filing period was extended to Dec. 4 from Nov. 20, and the solicitation period was extended to Jan. 31 if the plan is filed by Dec. 4.

Accentia, a biopharmaceutical company based in Tampa, Fla., filed for bankruptcy on Nov. 10, 2008. Its Chapter 11 case number is 08-17795.


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