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Urban Brands name changes to UBI Liquidating following asset sale
By Caroline Salls
Pittsburgh, Nov. 2 - Urban Brands, Inc.'s name has been changed to UBI Liquidating Corp. in connection with the sale of substantially all of its assets, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of Delaware.
As previously reported, the court approved the $15.67 million sale of substantially all of the company's assets to New Ashley Stewart, LLC during the Oct. 25 week.
Urban Brands, a Secaucus, N.J.-based plus-sized apparel retailer, filed for bankruptcy on Sept. 21. Its Chapter 11 case number is 10-13005.
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