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Published on 2/17/2017 in the Prospect News Distressed Debt Daily.

Former Haggen gets exclusivity extension to determine plan viability

By Caroline Salls

Pittsburgh, Feb. 17 – HH Liquidation, LLC, formerly Haggen Holdings, LLC, obtained an extension of its exclusive periods for filing and soliciting votes on a Chapter 11 plan, according to an order filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

The company’s exclusive plan-filing period was extended through March 8 from Feb. 1 and the solicitation period through May 8 from April 3.

HH Liquidation said this will be its final exclusivity extension request.

“The debtors are the party best situated to work with the various parties in interest in these Chapter 11 cases to bring these proceedings to an orderly conclusion, and the official committee of unsecured creditors supports this final extension of the exclusive periods,” the motion said.

HH Liquidation said the extension is needed to give it enough time to work with interested parties to determine whether a viable Chapter 11 plan and related disclosure statement can be proposed.

Based in Bellingham, Wash., Haggen is a supermarket company. It filed for bankruptcy on Sept. 8, 2015 under Chapter 11 case number 15-11874.


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