Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for HMI Liquidating Inc. > News item |
Former Halt Medical wins exclusivity extension amid plan preparations
By Caroline Salls
Pittsburgh, Dec. 1 – HMI Liquidating Inc., formerly Halt Medical, Inc., received an extension of its exclusive periods for filing and soliciting votes on a Chapter 11 plan, according to an order filed Friday with the U.S. Bankruptcy Court for the District of Delaware.
The company’s exclusive filing period was extended through Dec. 8 from Oct. 9 and the solicitation period through Feb. 6 from Dec. 8.
“The debtor has been able to prosecute its Chapter 11 case promptly to date, and is in the process of preparing a Chapter 11 plan to wind down the debtor’s case,” the motion said.
“The extensions requested herein will foster an efficient plan process, allowing the debtor to complete its plan and negotiate with key stakeholders without upsetting the balance intended by the plan exclusivity accorded to a debtor under the Bankruptcy Code.”
Brentwood, Calif.-based medical device company Halt Medical focuses on providing care for women with symptomatic uterine fibroids, including through its patented Acessa System. The company filed bankruptcy on April 12, 2017 under Chapter 11 case number 17-10810.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.