On February 2, 2016, 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 Hancock Fabrics, Inc. (2016) and its affiliates.
The filing was assigned docket number 17 and is described on the court’s official docket as follows:
Motion to Shorten (Motion to Shorten Notice and Objection Periods for (I) Debtors’ Motion for Interim and Final Orders Authorizing the Commencement of Store Closing Sales and (II) Debtors’ Motion Seeking Approval of Bid Procedures and Sale Related Relief) (related document(s)15, 16) Filed by Hancock Fabrics, Inc.. (Merchant, Michael) (Entered: 02/02/2016)
Hancock Fabrics, Inc. (2016) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 2, 2016. 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 16-10296. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of O’Melveny & Myers LLP is acting as lead bankruptcy counsel to Hancock Fabrics, Inc. (2016) in the bankruptcy case.