Vestis Retail Group, LLC (d/b/a Bob’s Stores; Eastern Mountain Sports; Sport Chalet) Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code





On April 18, 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 Vestis Retail Group, LLC (d/b/a Bob’s Stores; Eastern Mountain Sports; Sport Chalet) and its affiliates.

The filing was assigned docket number 18 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 Orders (A)(I) Authorizing and Approving Bidding Procedures and Expense Reimbursement; (II) Authorizing and Approving the Debtors’ Entry Into the Stalking Horse APA; (III) Approving Notice Procedures; (IV) Scheduling a Sale Hearing; and (V) Approving Procedures for Assumption and Assignment and Determining Cure Amounts and (B)(I) Authorizing the Sale of Substantially All of the Debtors’ Assets Free and Clear of All Claims, Liens, Rights, Interests, and Encumbrances; (II) Approving the Stalking Horse APA; and (III) Authorizing the Debtors to Assume and Assign Certain Executory Contracts and Unexpired Leases Fee Amount $176 Filed by Vestis Retail Group, LLC. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C) (Poppiti, Jr., Robert) (Entered: 04/18/2016)

Vestis Retail Group, LLC (d/b/a Bob’s Stores; Eastern Mountain Sports; Sport Chalet) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 18, 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 16-10971. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Klee, Tuchin, Bogdanoff & Stern LLP is acting as lead bankruptcy counsel to Vestis Retail Group, LLC (d/b/a Bob’s Stores; Eastern Mountain Sports; Sport Chalet) in the bankruptcy case.

300x600

Leave a Reply