Rite Aid Seeks To Extend Ch. 11 Exclusivity To Late April

Drugstore chain Rite Aid has urged a New Jersey bankruptcy judge to extend its Chapter 11 exclusivity period “out of an abundance of caution,” explaining that although the company already filed its plan and disclosure statement, an extension would allow constructive mediation between parties. The debtors are represented by Michael D. Sirota, Warren A. Usatine, Felice R. Yudkin and Seth Van Aalten.