http://www.kccllc.net/windstream/document/1922312200422000000000002
Judge Drain yesterday approved Windstream's request to extend its bankruptcy. These are the new dates:
Windstream has an exclusive period to file its plan or reorganization until June 22. That means no other party can submit a competing (hostile) plan of its own until that day. Windstream can negotiate with creditors during this time without having to compete with another party seeking to take control without management's support.
Windstream then has an exclusive period to then solicit votes for its plan from various stakeholders until August 22.