Toys “R” Us – Cancels IP Auction, Stakeholders Plan Relaunch of Toys “R” Us and Babies “R” Us Brands

October 1, 2018 – Toys “R” Us notfied the Court of its intention to cancel its scheduled intellectual property auction and its plans for a Toys “R” Us and Babies “R” Us branding company [Docket No. 5058]. The Debtors explain, “On June 28, 2018, the Court entered the Order (I) Amending the U.S. Intellectual Property…