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Aventine Renewable Energy obtains 60-day extension to develop plan
By Alice Popovici
New York, Oct. 27 - Aventine Renewable Energy Holdings, Inc. received a second extension to its exclusive periods to file a plan of reorganization and solicit votes on the plan, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of Delaware.
The company's exclusive plan-filing period will be extended to Dec. 4 from Oct. 5 and the solicitation period to Feb. 1 from Dec. 3.
Aventine, a Pekin, Ill.-based producer and marketer of fuel-grade ethanol, filed for bankruptcy on April 7. Its Chapter 11 case number is 09-11214.
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