Judge Approves Breast Implant Maker's Asset Auction

Law360, New York (August 27, 2007, 12:00 AM EDT) -- Bankrupt breast implant maker MediCor Ltd. has won court approval to sell its assets and the assets of some of its nondebtor subsidiaries at an auction next month.

Judge Mary Walrath of the U.S. Bankruptcy Court for the District of Delaware on Friday granted MediCor’s motion allowing the sale, setting bidding procedures and scheduling the auction sale for September 18.

Companies that are interested in bidding for MediCor’s assets must submit qualified bids to the company by September 7. The bids, which will be for the...
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