| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers L > Headlines for Le Tote, Inc. > News item |
Le Tote gets court approval of sale of e-commerce platforms to Saadia
By Sarah Lizee
Olympia, Wash., Oct. 20 – Le Tote, Inc. got court approval to sell the intellectual property and e-commerce platforms of Le Tote and Lord & Taylor to Saadia Group LLC for $12 million, according to a docket entry filed Tuesday with the U.S. Bankruptcy Court for the Eastern District of Virginia.
The assets include the e-commerce platforms, business intellectual property, customer information and social media accounts.
New York-based Lord & Taylor, a unit of Le Tote, operates fashion stores in the United States. The company filed bankruptcy on Aug. 2 under Chapter 11 case number 20-33332.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.