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Former Rockport reports $14.15 million net profit for August
By Sarah Lizee
Olympia, Wash., Sept. 25 – RP Co. Liquidating, LLC, formerly Rockport Co., LLC, reported a $14.15 million net profit for August on $5.59 million of gross income/sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.
The cash balance at the end of August was $9.9 million.
Rockport, a West Newton, Mass.-based footwear company, filed its first bankruptcy case on May 14, 2018, and emerged from those proceedings on Dec. 31, 2018. The company filed bankruptcy a second time on June 14 under Chapter 11 case number 23-10774.
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