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A federal bankruptcy court has granted LTV...

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A federal bankruptcy court has granted LTV Corp. an additional 90 days to file its reorganization plan, the steel and aerospace giant said. The court’s decision extends the deadline for the Dallas company from Feb. 20 to May 20. The decision was handed down in the U.S. Bankruptcy Court for the Southern District of New York. During the additional 90 days, LTV has the exclusive right to file a plan of reorganization for the corporation and the 65 subsidiaries included in the company’s Chapter 11 filing.

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