Former Packable Holdings eyes extension of exclusive plan periods

By Sarah Lizee

Olympia, Wash., March 23 – Pack Liquidating, LLC, formerly Packable Holdings, LLC, is seeking a 60-day extension of its 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 District of Delaware.

The company asked the court to extend the exclusive plan filing period through May 22 and the exclusive solicitation period through July 24.

The company said that now that it has completed the liquidation of most of its assets, other than estate claims and causes of action, it can turn its focus to drafting and submitting a plan of liquidation and bringing the Chapter 11 cases to a close.

A hearing is scheduled for April 17.

Packable is a Hauppauge, N.Y.-based e-commerce company that operates as a third-party seller of health, beauty and other consumer products on online marketplaces. The company filed bankruptcy on Aug. 28, 2022 under Chapter 11 case number 22-10797.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.