Ormet seeking more time to file Ch. 11 plan

May 28, 2013 | 02:45 PM | Michael Cowden

Tags  Ormet, Chapter 11 bankruptcy, sale, auction, reorganization, Wayzata Investment Partners, Smelter Acquisition, aluminum Michael Cowden

CHICAGO — Bankrupt aluminum producer Ormet Corp. is seeking an extension on its deadline to file a Chapter 11 reorganization plan.

Attorneys for the Hannibal, Ohio-based company want until Oct. 23 to file a reorganization plan, currently due June 25, and until Dec. 23 to gain creditors’ support for the proposal, currently due Aug. 26, according to documents filed May 24 in U.S. Bankruptcy Court in Delaware.....





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