Maurice Sporting Goods gets exclusivity extension to negotiate plan

By Caroline Salls

Pittsburgh, Jan. 8 – Maurice Sporting Goods of Delaware, Inc., formerly Maurice Sporting Goods, Inc., obtained 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 was granted approval to extend its exclusive plan-filing period through March 18 from Dec. 17 and the solicitation period through May 13 from Feb. 12.

This marks the company’s fourth exclusivity extension.

According to the motion, since it filed its previous exclusivity extension motion, the company has continued to wind down its estates and “set the stage for a Chapter 11 plan of liquidation.”

Maurice said, in light of the progress it has made, the extension should be granted to give it more time to negotiate and finalize a Chapter 11 plan.

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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