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Dow Corning Gets Extension for Reorganization Plan: Dow Corning Corp. won a six-month extension of its exclusive period to present a plan of reorganization, rebuffing lawyers for silicone breast implant claimants who wanted to speed up the process. U.S. Bankruptcy Judge Arthur Spector in Bay City, Mich., granted Dow Corning’s request for an extension until March 11. Midland, Mich.-based Dow Corning said it needed the extra time to develop a plan to pay off claims from thousands of women who say their breast implants made them ill. Plaintiffs’ lawyers asked for no more than a 60-day extension, after which committees representing tort claimants and Dow Corning’s bondholders would be able to present competing plans.
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