Sports Authority seeks extension of exclusive periods to file, solicit votes on Chapter 11 plan

By Sheri Kasprzak

New York, June 7 – Sports Authority Holdings, Inc. is requesting an extension on its periods to file and solicit votes on its Chapter 11 plan, according to a filing Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

If the extension is approved, the company will have until Sept. 28 to file and Nov. 28 to solicit votes on its Chapter 11 plan, extended from June 30 and Aug. 29, respectively.

A hearing on the matter is scheduled for June 28.

“... These Chapter 11 cases have been contentious and burdened by extensive litigation since the petition date as the debtors attempted to, among other things, protect the estates’ interest in consigned goods and secure post-petition financing over strenuous objection,” said the motion.

Sports Authority, based in Englewood, Colo., is a sporting goods retailer. It filed for bankruptcy on March 2. Its Chapter 11 case number is 16-10527.

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