Edwin Watts Golf seeks court approval of 90-day exclusivity extension

By Kali Hays

New York, March 5 - Edwin Watts Golf Shops, LLC requested court approval for an extension of its exclusive Chapter 11 plan of reorganization filing and solicitation periods, according to a Tuesday motion filed with the U.S. Bankruptcy Court for the District of Delaware.

The company would like to extend its filing period through June 2 from March 4 and its solicitation period through Aug. 1 from May 3.

The company said it had not had sufficient time to negotiate a plan or prepare adequate information because of focus given to its liquidation process and ongoing store closing sales in an attempt to maximize value for its creditors, the motion stated.

A hearing is scheduled for March 18.

Edwin Watts Golf, a Fort Walton Beach, Fla.-based specialty golf retailer, filed for bankruptcy on Nov. 4. The Chapter 11 case number is 13-12876.

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