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Former Rockport reports $1.03 million net loss for October
By Sarah Lizee
Olympia, Wash., Nov. 20 – RP Co. Liquidating, LLC, formerly Rockport Co., LLC, reported a $1.03 million net loss for October on $8.55 million of gross income/sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company reported a $3.16 million net loss for September on $10.1 million of gross income/sales.
The cash balance at the end of October was $8.95 million, up from $7.07 million at the end of September.
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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