Former Rockport receives extension of exclusive plan periods

By Sarah Lizee

Olympia, Wash., Nov. 2 – RP Co. Liquidating, LLC, formerly Rockport Co., LLC, received an extension of its 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 District of Delaware.

The court extended the exclusive plan filing period through Jan. 10 and the exclusive solicitation period through March 11.

The company said in the motion seeking the extension that now that the sale of its assets has closed, it can focus on bringing the Chapter 11 cases to a close.

Rockport said it needs the additional time to continue to provide transition services to the buyer, collect accounts receivable and engage in discussions with key stakeholders regarding the conclusion of the case.

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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