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





On March 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 Sports Authority Holdings, Inc. and its affiliates.

The filing was assigned docket number 15 and is described on the court’s official docket as follows:

Motion Regarding Chapter 11 First Day Motions // Debtors’ Emergency Motion for Interim and Final Orders (A) Authorizing the Debtors to Assume the Closing Store Agreement, (B) Authorizing and Approving Store Closing Sales Free and Clear of All Liens, Claims and Encumbrances, (C) Authorizing the Implementation of Customary Employee Bonus Program and Payments to Non-Insiders Thereunder, (D) Approving Dispute Resolution Procedures, and (E) Approving the Debtors’ Store Closing PlanFiled By Sports Authority Holdings, Inc. (Magaziner, Andrew) (Entered: 03/02/2016)

Sports Authority Holdings, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 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 16-10527. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Gibson Dunn & Crutcher LLP is acting as lead bankruptcy counsel to Sports Authority Holdings, Inc. in the bankruptcy case.

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