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Assets of Retail Store Business

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Listing Information


Assets of Retail Store Business

Price: $16,000,000.00

Other Item Info
Item #: vaebke_725411
Created: 07/27/2020
Category: Business Property > All Assets or Going Concerns > General Retailers
Sale Date: Wed. Sep 9, 2020
Seller Info
Edward O. Sassower
Debtor's Attorney
601 Lexington Avenue
New York, NY 10022
Bankruptcy Info
Case #: 3:20-bk-33113
Case Title: Ascena Retail Group, Inc.
Court: Virginia Eastern Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents


Sale of assets of Ascena Retail Group, Inc. consisting of:

  1. the Assigned Contracts;
  2. the Transferred Intellectual Property;
  3. all rights to collect royalties and proceeds in connection with the Transferred Intellectual Property with respect to the period from and after the Closing, all rights to sue and recover for past, present and future infringements, dilutions, misappropriations of, or other conflicts with, the Transferred Intellectual Property and any and all corresponding rights that, now or hereafter, may be secured throughout the world with respect to the Transferred Intellectual Property;
  4. the Acquired Inventory;
  5. to the extent transferable under applicable Law (including as an asset that is part of an acquisition, bankruptcy, or other transaction under the exemption from the definition of “sale” set forth in California Civ. Code Section 1798.140(t)(2)(D)) and Sellers’ privacy policy, the Customer Data (for clarity, it is understood and agreed by Purchaser that Sellers and their Affiliates may have, now or in the future, certain data, other than Customer Data (such data of Sellers and Affiliates of Sellers being referred to as “Other Data”)), pertaining to current, former or prospective customers of one or more of such Sellers or Affiliates that is similar or identical to certain Customer Data (e.g., an individual may be a customer or prospective customer of both the E-Commerce Business and Sellers’ or one or more of their Affiliates’ other businesses) and nothing in this Agreement shall be deemed to transfer, assign or convey any rights to Purchaser with respect to the Other Data or to in any way restrict the use of any Other Data by any Seller or Affiliates of Sellers (or by their successors or assigns);
  6. all Documents (except as expressly excluded in Section 1.2 of the Stalking Horse Purchase Agreement hereof) to the extent related to the E-Commerce Business, and all of the following Documents to the extent they relate to the Catherines brick and mortar stores and E-Commerce Business: (i) all customer records and relevant transaction history for five (5) years or more including credit card customers and relevant history; (ii) all web analytics data for the last two (2) years; (iii) all customer opt-in phone numbers for text messaging program; and (iv) all buyer information for mobile application users; and
  7. all assets listed on Schedule 1.1(g) of the Stalking Horse Purchase Agreement owned by Sellers.

Additional Details

  1. Auction time: 10:00 a.m.
  2. Bid increment: $100,000.00
  3. Bid deadline: September 7, 2020
  4. Last date to respond: September 11, 2020

Other Information

Terms and Conditions:

See Attached.

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