Avenue Stores, LLC – Unsecured Creditors Object to Too Short Sale Process for E-Commerce Business, Want Assurances on Credit Bidding Affiliate of Debtors’ Current Owner

September 11, 2019 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) objected [Docket No. 162] to the Debtors’ proposed asset sale bidding procedures as they relate to the Debtors' e-commerce business (the Avenue.com and Loralette.com websites, together the "E-Commerce Business"), arguing that the current truncated timetable will discourage prospective bidders. The Committee also…