Maurice Sporting Goods gets exclusivity extension to formulate plan

By Caroline Salls

Pittsburgh, Oct. 10 – Maurice Sporting Goods of Delaware, Inc., formerly Maurice Sporting Goods, Inc., received a 90-day extension of its exclusive periods for filing and soliciting votes on a Chapter 11 plan, according to an order filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

Specifically, Maurice’s exclusive plan-filing period was extended through Dec. 17 from Sept. 17 and the solicitation period through Feb. 12 from Nov. 14.

According to the motion, in addition to providing limited transition services in connection with the sale of its assets, the company is now winding down its estates, including the reconciliation of claims and the formation of a potential liquidating plan for the distribution of the sale proceeds.

“The facts and circumstances of these Chapter 11 cases justify further extending the exclusive periods to provide the debtors with an unimpeded opportunity to confirm a Chapter 11 plan with minimal interference,” the motion said.

Maurice is a Northbrook, Ill.-based distributor of outdoor sporting goods. The company filed bankruptcy on Nov. 20, 2017 under Chapter 11 case number 17-12481.

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