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JACKSONVILLE, Fla. -- Maybe the fifth time will be a charm for Winn-Dixie Stores, Inc. here. The bankrupt retailer filed a motion on Friday asking a federal bankruptcy judge to give it another 70 days to file a reorganization plan. (This is the fifth extension sought by the company.)
If approved by U.S. Bankruptcy Judge Jerry Funk, Winn-Dixie would have until June 21 to file the plan. The new date would push its emergence from bankruptcy into the fall.
The judge will consider the request at a hearing on April 20, the same day it was expected to file the reorganization plan.
Winn-Dixie also wants to extend the time to gain acceptance of the reorganization plan with its creditors from June 21 to Aug. 29. The retailer said it is continuing to engage in discussions with its creditors about the proper structure of its reorganization plan.