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Published on 3/3/2016 in the Prospect News Distressed Debt Daily.

Haggen seeks three-month exclusivity extension amid store sale process

By Caroline Salls

Pittsburgh, March 3 – Haggen Holdings, LLC is seeking an extension of its exclusive periods for filing and soliciting votes on a Chapter 11 plan, according to a motion filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

Specifically, Haggen wants to extend its exclusive filing period through June 6 from March 7 and the solicitation period through Aug. 4 from May 6.

In light of the ongoing marketing and sale process for its core stores, the company said it needs more time to prepare a viable plan and related disclosure statement.

A hearing is scheduled for March 29.

Haggen, a Bellingham, Wash.-based supermarket company, filed bankruptcy on Sept. 8, 2015. The Chapter 11 case number is 15-11874.


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