Jack Cooper Ventures, Inc. – Gets Go Ahead for Bidding Procedures and Stalking Horse APA with Credit-Bidding Lenders ($425mn Bid), Schedules October 10th Sale Hearing

September 3, 2019 – Further to the Debtors' bidding procedures motion [Docket No. 21], the Court hearing the Jack Cooper Ventures cases issued an order authorizing the Debtors to (i) enter into an asset purchase agreement with stalking horse bidder JC Buyer Company, Inc. (the “Stalking Horse” or "Purchaser," a credit bidding affiliate of funds…