Syms, Filene's Prepare To Auction Off IP Assets

Law360, New York (November 29, 2011, 6:40 PM EST) -- Filene's Basement LLC and bankrupt parent company Syms Corp. will auction off the trademark to the Filene's Running of the Brides wedding dress sale along with the discount stores' names, slogans and other intellectual property, advisory firm Hilco Streambank announced Tuesday.

Hilco, which will administer the auction, is currently seeking a stalking horse bidder for the as-yet-unscheduled sale, which requires approval from the Delaware bankruptcy court.

The assets to be sold include the Filene's Basement and Syms trade names, various trademarks, and Internet domain names and...
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