Modell’s Sporting Goods, Inc. – Court Looks Set to Give Debtors Sporting Chance Against COVID-19; Allow Debtors to Suspend Chapter 11 Cases for 45 Days, Including Cessation of Liquidation Activities and Termination of Most Employees without Pay

March 25, 2020 – Further to a March 25th hearing, the Debtors have submitted a revised proposed order that would allow them to suspend their chapter 11 cases; shutting their 134 stores (and online efforts) for a period of 45 days and terminating the majority of their employees without severance pay [Docket No. 142]. Citing…