Sharper Image auction for remaining assets, sale hearing delayed by one day

By Jennifer Lanning Drey

Portland, Ore., May 29 - Sharper Image Corp.'s hearing for approval of the sale of substantially all of the company's remaining assets was continued to Friday after the sale auction was also delayed by one day, according to filings with the U.S. Bankruptcy Court for the District of Delaware.

The auction, originally scheduled for May 28, was pushed back to May 29.

As previously reported, the stalking horse bidder is a joint venture led by Hilco Consumer Capital, LP and GB Brands, LLC, in partnership with Windsong Brands, LLC and Crystal Capital.

Sharper Image, a San Francisco-based specialty retailer, filed for bankruptcy on Feb. 19 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 08-10322.

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