dELiA*s, Inc. Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On January 28, 2015, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of dELiA*s, Inc. and its affiliates.

The filing was assigned docket number 176 and is described on the court’s official docket as follows:

Motion to Shorten Time / Debtors’ Motion Pursuant to Fed. R. Bankr. P. 9006(c) Shortening Notice Period and Scheduling a Hearing With Respect to Debtors Motion for Entry of (I) an Order (A) Approving Bidding Procedures and Bid Protections in Connection with the Sale of Certain Assets, (B) Approving Procedures for Assumption and Assignment of Executory Contracts, (C) Approving the Form and Manner of Notice, and (D) Scheduling an Auction and a Sale Hearing, and (II) Order Authorizing and Approving the Sale of Certain Assets (related document(s)[175]) filed by Gregg M. Galardi on behalf of dELiA*s, Inc.. (Galardi, Gregg)

dELiA*s, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 7, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 14-23678. The bankruptcy case is currently assigned to United States Bankruptcy Judge Robert Drain. The law firm of DLA Piper US LLP is acting as lead bankruptcy counsel to dELiA*s, Inc. in the bankruptcy case.


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