Dots gets 120-day extension of exclusive plan filing, voting periods

By Caroline Salls

Pittsburgh, May 13 - Dots, LLC obtained an extension of its exclusive plan of reorganization filing and solicitation periods, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of New Jersey.

The company's exclusive filing period was extended through Sept. 17 from May 20 and its solicitation period through Nov. 17, 2014 from July 19.

Citing the "Herculean efforts" of the company and its advisers to stabilize Dots' operations and carry out its liquidation process, the company said "it has not been reasonably possible to negotiate and document a Chapter 11 plan within the initial exclusive periods," according to the motion.

Dots, a Glenwillow, Ohio-based women's clothing and accessories retailer, filed for bankruptcy on Jan. 20 under Chapter 11 case number 14-11016.

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