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Coach America Gets Extension to File Chapter 11 Plan

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Bankruptcy Judge Kevin Gross has granted Coach America Holdings Inc. an extension to file its chapter 11 exit plan as it prepares to sell its assets, Dow Jones DBR Small Cap reported today. Judge Gross on Friday granted the company an extension through the end of July to file a plan that explains how it will divvy up the sale proceeds to its creditors, including first-lien lenders owed more than $300 million.