Court Approves Sharper Image Auction Sale

Law360, New York (May 15, 2008, 12:00 AM EDT) -- Bringing gadget retailer The Sharper Image Corp. one click closer to exiting bankruptcy, the federal court on Wednesday agreed to let the company sell itself in a bankruptcy auction near the end of the month.

According to court filings, the auction will be conducted at the New York offices of Weil Gotshal & Manges LLP on May 28 at 10 a.m. Offers can be submitted until the best offer is determined.

A joint venture, led by Hilco Consumer Capital LLC and Gordon Retail Partners LLC, has...
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