Facing Insurer’s Opposition, Talc Supplier Seeks Extensions Of Exclusive Periods

( January 10, 2025, 4:25 PM EST) -- TRENTON, N.J. — Raw materials supplier and Chapter 11 debtor Presperse Corp. asked a New Jersey federal bankruptcy court to give it more time to file an amended plan of reorganization after the company’s lone insurer objected to the plan’s disclosure statement and disputed insurance coverage for asbestos personal injury claims....