Judge Mark Schrager has granted Kitco Metals a 4th bankruptcy extension until June 26th, 2013.
Kitco’s 3rd extension expired 10/17/12, meaning Kitco faced liquidation
had the judge failed to again extend the proceedings. The judge also
authorized Kitco to solicit financing, and pay several large invoices to
Attitude Montreal, Inc.
Judge Schrager’s full ruling can be found at the link below:
http://www.rsmrichter.com/downloads/pdf/insolvency_files/rcaseid233/34-Order%20for%20a%20fourth%20extension%20of%20the%20initial%20order.pdf
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