Schutt Sports asks court for 90-day extension of exclusivity periods

By Lisa Kerner

Charlotte, N.C., Dec. 28 - Schutt Sports, Inc. requested an extension to its exclusive periods to file a plan of reorganization and to solicit votes on the plan, according to a filing with the U.S. Bankruptcy Court for the District of Delaware.

The company wants to extend the exclusive plan-filing period to April 4 from Jan. 4 and the solicitation period to June 3 from March 5.

A hearing is set for Jan. 10.

As previously reported, the company recently completed the sale of substantially all of its assets to Platinum Equity.

Schutt, a Litchfield, Ill.-based sports equipment manufacturer, filed for bankruptcy on Sept. 6. The Chapter 11 case number is 10-12795.

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