COURT OK’S EXTENSION OF ELDER-BEERMAN EXCLUSIVITY PERIOD
DAYTON, Ohio — A U.S. bankruptcy court in Ohio has granted Elder-Beerman Stores a 75-day extension through Dec. 31 of the period in which it can submit its reorganization plan. The period originally ran through Oct. 17.
The company said it plans to hold a confirmation hearing in mid-December to approve the plan. It hopes to emerge from Chapter 11 by yearend.