Skip to main content

SkyMall Seeks Time to Secure Creditors' Support for Plan

Submitted by Anonymous (not verified) on

The company behind the now-defunct SkyMall in-flight catalog wants a bankruptcy court to protect it from the threat of rival debt-payment plans while its creditors review its proposal, Dow Jones Daily Bankruptcy Review reported today. The former SkyMall is asking the U.S. Bankruptcy Court in Phoenix to extend the time in which it alone may file a chapter 11 plan and solicit its creditors' support for that plan. The court approved the company's disclosure statement last month, paving the way for creditors to cast their votes. Ballots are due July 27, but the company's exclusive solicitation period currently lasts through July 21. As a result, the company is asking the court to extend its exclusive filing and solicitation rights through the hearing at which the court will consider confirming the plan. The confirmation hearing is currently scheduled for Aug. 5.