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 June 7, 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 2157 and is described on the court’s official docket as follows:

Motion For Sale of Property Free and Clear of Liens under Section 363(f)(FEE) // Debtors’ Motion for Order (I) Authorizing the Sale of Property Owned by the Debtors in Fee Simple (Store No. 444) Free and Clear of Liens, Claims, Encumbrances, and Other Interests; (II) Approving a Related Purchase Agreement; and (III) Granting Related Relief Fee Amount $176 Filed by Sports Authority Holdings, Inc.. Hearing scheduled for 6/28/2016 at 10:30 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #4, Wilmington, Delaware. Objections due by 6/21/2016. (Attachments: # (1) Notice # (2) Exhibit A) (Magaziner, Andrew)

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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