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IN RE GMG CAPITAL PARTNERS III, L.P.

Case No. 13-12937 (SMB) Jointly Administered

503 B.R. 596 (2014)

IN RE: GMG CAPITAL PARTNERS III, L.P., et al., Debtors.

United States Bankruptcy Court, S.D. New York.

January 24, 2014.

Attorney(s) appearing for the Case

Olshan Frome Wolosky LLP, Park Avenue Tower, 65 East 55th Street, New York, N.Y. 10022, Michael S. Fox, Esq., Jonathan T. Koevary, Esq., Of Counsel, Counsel to the Debtors.

Halperin Battaglia Raicht, LLP, 40 Wall Street — 37th Floor, New York, N.Y. 10005, Alan D. Halperin, Esq., Carrie Essenfeld, Esq., Of Counsel, Morris, Nichols, Arsht & Tunnell LLP, 1201 North Market Street, P.O. Box 1347, Wilmington, DE 19899, Derek C. Abbott, Esq., Daniel B. Butz, Esq., Of Counsel, Counsel to Athenian Venture Partners I, L.P. and Athenian Venture Partners II, L.P.

Chapter 11

MEMORANDUM DECISION DENYING MOTION TO EXTEND EXCLUSIVITY

STUART M. BERNSTEIN, United States Bankruptcy Judge:

GMG Capital Partners III, L.P. and GMG Capital Partners III Companion Fund, L.P. (the "Original Debtors") have filed their first motion to extend the exclusive period to file a plan and solicit acceptances.1 (Debtors' Motion for an Order Extending the Exclusive Periods to File a Chapter 11 Plan...

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