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Published on 5/12/2004 in the Prospect News Distressed Debt Daily.

ATX gets bridge order extending exclusive period to file reorganization plan

By Jeff Pines

Washington, May 12 - ATX Communications Inc. obtained a bridge order extending its exclusive period to file a reorganization plan until a June 15 hearing, according to a filing Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.

Its exclusive period to file a plan was supposed to end May 14.

ATX, of Bala Cynwyd, Pa., is a facilities-based telecommunications provider. It wants the extension to run through July 13 to propose a plan and until Sept. 13 to solicit votes. The company filed for bankruptcy in January.

ATX's Chapter 11 case number is 04-10214.


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