Sports Authority secures extension in cases ‘burdened by’ litigation

By Caroline Salls

Pittsburgh, June 23 – Sports Authority Holdings, Inc. was granted an extension on its exclusive periods for filing and soliciting votes on its Chapter 11 plan, according to an order filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The company will have the exclusive right to file a plan until Sept. 28 and until Nov. 28 to solicit votes on its Chapter 11 plan, extended from June 30 and Aug. 29, respectively.

Sports Authority said “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.”

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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