Judge Sets New Deadline in Bi-Lo Case

A judge in the Bi-Lo Chapter 11 bankruptcy case has given the retailer until Oct. 7 to file a plan of reorganization and ordered Bi-Lo and its creditors to discuss all possible plans including potential transactions until then.

COLUMBIA, S.C. — A judge in the Bi-Lo Chapter 11 bankruptcy case has given the retailer until Oct. 7 to file a plan of reorganization and ordered Bi-Lo and its creditors to discuss all possible plans including potential transactions until then.

Bi-Lo had asked for an extension through Oct. 19. Its original deadline was to have been today. Term lenders in the meantime filed with the court details of its proposal for reorganization, involving a $72 million investment in exchange

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