J & M Sales – Court Approves Backstop Agency Agreement with Hilco Merchant Resources

September 28, 2018 – The Court hearing the J & M Sales case authorized (i) a backstop agency agreement with Hilco Merchant Resources (the “Stalking Horse”) dated as of August 5, 2018 (the “Agency Agreement”), (ii) bidding protections for the Stalking Horse, (iii) bidding procedures and a related auction on October 8, 2018, (iv) a…