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rue21 Bankruptcy Hearing Continuation Sought

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rue21 filed with the U.S. Bankruptcy Court a motion to continue the July 10, 2017 Disclosure Statement hearing.

The motion explains, “By this motion the Debtors seek entry of an order substantially in the form Exhibit A, (a) continuing the July 10, 2017 Disclosure Statement hearing date to July 13, 2017 at 2:00 p.m. (prevailing Eastern Time), and (b) re-setting the applicable response and reply deadlines pertaining to the July 10, 2017 Disclosure Statement hearing date.”

In addition, “The Debtors believe that by continuing the Disclosure Statement hearing, they may be able to resolve any issues raised by the Committee. In furtherance of the Debtors’ request to continue the Disclosure Statement hearing and to allow the parties sufficient time to resolve the Committee’s potential objection, the Debtors request that the Court extend the objection deadline until July 7, 2017 at 5:00 p.m. (prevailing Eastern Time) and to set the Debtors’ and the DIP Lenders’ deadline to reply to any Disclosure Statement objections as July 11, 2017 at 5:00 p.m. (prevailing Eastern Time).”

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