October 28, 2019 / 9:43 PM / 22 days ago

IN BRIEF: Destination Maternity seeks court OK for bankruptcy auction

Just days after seeking bankruptcy protection, maternity apparel retailer Destination Maternity Corp on Friday sought an order for bidding procedures for a sale that would include an auction by Dec. 9.

The retailer in its motion in U.S. Bankruptcy Court in Delaware said it also aims to close a sale by Dec. 31 to stay in line with terms set by lender Wells Fargo Bank NA.

To read the full story on WestlawNext Practitioner Insights, click here: bit.ly/2PqZH2B

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