'Girls Gone Wild' Co. Seeks Approval For Asset Auction

Law360, New York (February 13, 2014, 12:40 PM EST) -- The adult entertainment company behind the "Girls Gone Wild" video series on Wednesday sought approval from a California bankruptcy judge to auction off its remaining assets as part of its ongoing Chapter 11 case, having secured a stalking horse bid of $1.825 million.

Attorneys for bankruptcy trustee R. Todd Neilson, GGW Brands LLC and its subsidiaries, GGW Marketing LLC, GGW Events LLC, GGW Magazine LLC and GGW Direct LLC, filed a motion requesting that U.S. Bankruptcy Judge Sandra R. Klein approve the auction for April 11, and...
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