Hancock Fabrics, Inc. (2016) Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On February 3, 2016, an order regarding 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 Hancock Fabrics, Inc. (2016) and its affiliates.

The filing was assigned docket number 62 and is described on the court’s official docket as follows:

Order (INTERIM) (I) Authorizing Store Closing Sales Free and Clear of All Liens, Claims, Encumbrances, and Other Interests; and (II) Granting Related Relief. (Related Doc # [15]) Order Signed on 2/3/2016. (Attachments: # (1) Exhibit 1 # (2) Exhibit 2) (LCN)

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.


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