On May 26, 2015, an objection to the motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Frederick’s of Hollywood, Inc. and its affiliates.
The filing was assigned docket number 218 and is described on the court’s official docket as follows:
Objection // Limited Cure Objection and Reservation of Rights of Yahoo! Inc. to Debtors’ Motion for Entry of an Order, Inter Alia, (A) Authorizing Sale of Substantially All of Certain Debtors’ Assets Pursuant to Successful Bidder’s Asset Purchase Agreement, Free And Clear of Liens, Claims, Encumbrances, and Other Interests and (B) Approving Assumption and Assignment of Certain Executory Contracts and Unexpired Leases Related Thereto (related document(s), , ) Filed by Yahoo! Inc. (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Certificate of Service) (Palacio, Ricardo)
Frederick’s of Hollywood, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 19, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 15-10836. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Milbank, Tweed, Hadley & McCloy LLP is acting as lead bankruptcy counsel to Frederick’s of Hollywood, Inc. in the bankruptcy case.