Marsh Supermarkets gets exclusivity extension to prep ‘viable’ plan

By Caroline Salls

Pittsburgh, Jan. 19 – Marsh Supermarkets Holding, LLC obtained an extension of its exclusive periods for filing and soliciting votes on a Chapter 11 plan, according to an order filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

The company’s exclusive filing period was extended through May 8 from Jan. 8 and the solicitation period through July 5 from March 7.

Now that its sale transactions have closed and its core store-closing sales have been completed and the related store leases have all been rejected, Marsh said it is winding down its operations and affairs and its Chapter 11 cases.

“The debtors submit that the requested extensions are both appropriate and necessary to afford the debtors with sufficient time to adequately prepare a viable Chapter 11 plan and related disclosure statement,” the motion said.

Marsh, an Indianapolis-based grocery chain, filed bankruptcy on May 11, 2017. The Chapter 11 case number is 17-11066.

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