EYP Group Holdings seeks extension of exclusive solicitation period

By Sarah Lizee

Olympia, Wash., Oct. 12 – EYP Group Holdings, Inc. is seeking an extension of its exclusive period to solicit votes on a Chapter 11 plan by 90 days through Jan. 19, according to a motion filed with the U.S. Bankruptcy Court for the District of Delaware.

As previously reported, the company received approval of the disclosure statement for its Chapter 11 plan on Sept. 20. The company started soliciting votes on Sept. 27.

The voting deadline is Oct. 25, and the confirmation hearing is scheduled for Nov. 1.

The company said that while the original version of the plan was filed with enough time to solicit votes within the exclusive period, continued negotiations lead to a modified plan, and the confirmation hearing was scheduled outside of the exclusive period.

“The debtors request an extension of the exclusivity period to allow the Chapter 11 process to continue unhindered by competing plans and external factors out of the debtors’ control,” the company said.

Albany, N.Y.-based EYP is an integrated design firm specializing in higher education, health care, government and science & technology. It filed bankruptcy on April 24 under Chapter 11 case number 22-10367.

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