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Hampshire Group Exclusivity Extension Sought

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Hampshire Group filed with the U.S. Bankruptcy Court second motion to extend by 30 days the exclusive period during which the Company can file a Chapter 11 plan and solicit acceptances thereof through and including June 21, 2017 and August 21, 2017, respectively.

The motion explains, “The Debtors and the Committee anticipate seeking a combined hearing on the proposed plan and disclosure statement. The Debtors believe that the draft joint chapter 11 plan and related disclosure statement are in substantially final form, subject to final review and signoff and any conforming changes, and certain related documents are in the process of being drafted and/or finalized for filing in the near future. The 30-day extensions of the Exclusive Periods requested in this Motion will further the efforts to finalize and file the proposed joint chapter 11 plan, the related disclosure statement, and other related documents.”

The Court established June 5, 2017 as the final date by which interested parties must file objections.

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