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Breast Implant Maker Eyes September Asset Auction

Law360 (August 10, 2007, 12:00 AM EDT) -- After less than two months under Chapter 11 protection, MediCor Ltd., one of the world's largest breast implant makers, has asked a bankruptcy court for permission to sell most of its assets.

MediCor filed a motion Tuesday seeking U.S. Bankruptcy Judge Mary Walrath's authorization to sell its assets and direct certain nondebtor subsidiaries to sell their assets, and asking the court to approve bid procedures and schedule an auction sale.

Las Vegas-based MediCor Ltd. filed for bankruptcy on June 29 in the U.S. Bankruptcy Court for...
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