Hooper Holmes – Creditors Committee Assails Bid Procedures and Stalking Horse APA, Raises Specter of Conversion to Chapter 7 or Dismissal

September 13, 2018 – Hooper  Holmes’ Official Committee of Unsecured Creditors objected [Docket No. 82] to the Debtors’ bid procedures [Docket No. 18] and Stalking Horse APA. The Committee asserts, “The Committee is not opposed to the sale of the Debtors’ Assets through a fair, robust, and value-maximizing sale process….Nevertheless, there remain aspects of the…