Fleetwood Enterprises seeks to extend its use of cash collateral

By Lisa Kerner

Charlotte, N.C., Feb. 9 - Fleetwood Enterprises, Inc. wants the court to enter an order extending the debtors' authorization to use cash collateral to the earlier of April 30 and the effective date of a plan of liquidation, according to a Monday filing with U.S. Bankruptcy Court for the Central District of California.

The court previously entered a final order extending the use of cash collateral to the earlier of Jan. 31 and the plan effective date, the filing said.

According to the filing, the parties have agreed to the extension and no hearing is requested.

All provisions of the interim debtor-in-possession order, the final cash collateral use order and the DIP credit agreement shall remain in full force, the filing said.

The court recently extended the exclusive plan-filing period to April 5 from Jan. 5 and the solicitation period to June 6 from March 8.

Based in Riverside, Calif., Fleetwood produces, distributes and services recreational vehicles and manufactured housing. The company filed for bankruptcy on March 10, 2009. Its Chapter 11 case number is 09-14254.

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