Forever 21, Inc. – Bidding Procedures Motion Suggests Offer for for Debtors’ Assets May Be Imminent

January 30, 2020 – The Debtors filed a bidding procedures motion requesting (i) approval of proposed bidding procedures, including bidder protections, in respect of the sale of substantially all of the Debtor's assets and (ii) a proposed auction/sale timetable culminating in a February 10th auction and a February 11th sale hearing [Docket No. 802]. Numerous…