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

On May 4, 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 Aeropostale, Inc. and its affiliates.

The filing was assigned docket number 10 and is described on the court’s official docket as follows:

Motion to Authorize / Motion of Debtors Pursuant to 11 U.S.C. ยงยง 105, 363, and 365 for Approval of (I) Procedures for Store Closing Sales, and (II) the Assumption of the Liquidation Consulting Agreements filed by Garrett A. Fail on behalf of Aeropostale, Inc.. (Fail, Garrett)

Aeropostale, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 4, 2016. 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 16-11275. The bankruptcy case is currently assigned to United States Bankruptcy Judge Judge Not Yet Assigned. The law firm of Weil, Gotshal & Manges LLP is acting as lead bankruptcy counsel to Aeropostale, Inc. in the bankruptcy case.


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