Filed: Apr. 18, 2012
Latest Update: Apr. 18, 2012
Summary: STIPULATION AND CONSENT ORDER FURTHER EXTENDING TIME FOR BEST BUY STORES, L.P. TO VOTE TO ACCEPT OR REJECT THE FIRST AMENDED JOINT PLAN OF REORGANIZATION UNDER CHAPTER 11 OF THE BANKRUPTCY CODE NANCY V. ALQUIST, Bankruptcy Judge. The above-captioned debtors and debtors-in-possession, by and through their undersigned counsel, the Official Committee of Unsecured Creditors, by and through its undersigned counsel, and Best Buy Stores, L.P. ("Best Buy"), by and through its undersigned counsel, her
Summary: STIPULATION AND CONSENT ORDER FURTHER EXTENDING TIME FOR BEST BUY STORES, L.P. TO VOTE TO ACCEPT OR REJECT THE FIRST AMENDED JOINT PLAN OF REORGANIZATION UNDER CHAPTER 11 OF THE BANKRUPTCY CODE NANCY V. ALQUIST, Bankruptcy Judge. The above-captioned debtors and debtors-in-possession, by and through their undersigned counsel, the Official Committee of Unsecured Creditors, by and through its undersigned counsel, and Best Buy Stores, L.P. ("Best Buy"), by and through its undersigned counsel, here..
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STIPULATION AND CONSENT ORDER FURTHER EXTENDING TIME FOR BEST BUY STORES, L.P. TO VOTE TO ACCEPT OR REJECT THE FIRST AMENDED JOINT PLAN OF REORGANIZATION UNDER CHAPTER 11 OF THE BANKRUPTCY CODE
NANCY V. ALQUIST, Bankruptcy Judge.
The above-captioned debtors and debtors-in-possession, by and through their undersigned counsel, the Official Committee of Unsecured Creditors, by and through its undersigned counsel, and Best Buy Stores, L.P. ("Best Buy"), by and through its undersigned counsel, hereby stipulate and agree as follows:
Stipulations
1. On March 16, 2012, the Bankruptcy Court approved the Disclosure Statement to Accompany the First Amended Joint Plan of Reorganization Under Chapter 11 of the Bankruptcy Code (the "Plan") [Docket No. 118].
2. The deadline to vote to accept or reject the Plan was April 13, 2012.
3. On April 12, 2012, the parties agreed to extend the time for Best Buy to vote to accept or reject the Plan was extended through and including April 16, 2012. On the same date, Best Buy submitted a stipulation to the Court regarding the extended deadline.2
4. On April 16, 2012, in furtherance of settlement discussions, the parties agreed to further extend the deadline for Best Buy to vote to accept or reject the Plan through and including April 17, 2012. Accordingly, the deadline for Best Buy to vote to accept or reject the Plan is hereby further extended through and including April 17, 2012.
Consent Order
NOW, THEREFORE, upon the consent of the parties hereto, the foregoing Stipulation is hereby APPROVED.
SO ORDERED