Easterday debtors receive extension of exclusive plan periods

By Sarah Lizee

Olympia, Wash., June 22 – Easterday Ranches, Inc. and Easterday Farms secured extensions of their exclusive periods to file and solicit votes on a Chapter 11 plan, according to an order filed Wednesday with the U.S. Bankruptcy Court for the Eastern District of Washington.

The court extended Easterday Ranches’ plan filing period through Aug. 1 and its solicitation period through Oct. 3, and extended Easterday Farms’ plan filing period through Aug. 8 and its solicitation period through Oct. 10.

The debtors filed a joint plan of liquidation on Aug. 2, 2021, as previously reported. Amendments to the plan were filed on Dec. 1, 2021, Feb. 2, and May 27.

A plan hearing is scheduled for July 19.

The debtors said this is their fifth and final request to extend the exclusive periods.

“The debtors file this motion out of an abundance of caution in the event the third amended plan is withdrawn or not accepted within the plan solicitation deadline,” the debtors said in the motion.

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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