Easterday seeks fourth exclusivity extension to implement settlement

By Sarah Lizee

Olympia, Wash., April 21 – Easterday Ranches, Inc. and Easterday Farms are seeking a fourth extension of their exclusive periods to file and solicit votes on a Chapter 11 plan, according to a motion filed Wednesday with the U.S. Bankruptcy Court for the Eastern District of Washington.

Specifically, the debtors asked the court to extend the plan filing period through July 1 and the solicitation period through Sept. 5.

Easterday said the extension will give the debtors enough time to move forward with its recently approved global settlement and confirm a Chapter 11 plan. As previously reported, the debtors said the settlement resolves the disputes of every major constituent in their Chapter 11 cases.

A hearing is scheduled for May 18.

Easterday Ranches is a Pasco, Wash.-based cattle operator. The company filed bankruptcy on Feb. 1, 2021 under Chapter 11 case number 21-00141.

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