Maurice Sporting Goods given exclusivity extension to negotiate plan

By Caroline Salls

Pittsburgh, April 2 – Maurice Sporting Goods of Delaware, Inc., formerly Maurice Sporting Goods, Inc., received an extension of its exclusive periods for filing and soliciting votes on a Chapter 11 plan, according to an order filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

Specifically, Maurice’s exclusive plan-filing period was extended through June 18 from March 20 and the solicitation period through Aug. 16 from May 18.

According to the motion, the company has focused much of its time, energy and resources since it filed for bankruptcy on smoothly transitioning into Chapter 11 and conducting a successful sale process.

“The debtors believe that, in light of the progress that they have made in these Chapter 11 cases over the past four months and their demonstrated efforts to work cooperatively with the [official committee of unsecured creditors] and the U.S. Trustee, it is reasonable and appropriate that the debtors be granted additional time to negotiate and finalize a Chapter 11 plan,” the motion said.

Maurice is a Northbrook, Ill.-based distributor of outdoor sporting goods. The company filed bankruptcy on Nov. 20 under Chapter 11 case number 17-12481.

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