The auction is expected to take place in early February, with bidding procedures to be approved by the United States Bankruptcy Court for the Central District of California on or about January 5, 2017. Peter J. Solomon Company, LLC in New York has served as the Company's investment banker and will manage the auction process.
Nasty Gal will continue normal operations throughout the auction process and sale, which is expected to close by the end of February, 2017.
The Company is represented in its chapter 11 case by Scott Gautier at Robins Kaplan LLP. Information regarding the Company's bankruptcy filing, including access to court documents, can be found at www.omnimgt.com/nastygal and www.cacb.uscourts.gov.
About Nasty Gal
Nasty Gal was founded in 2006 and is based in Los Angeles. Nasty Gal today is recognized as a pioneer in both the curation and design of women's clothing, shoes, and accessories. The Company has a global presence in 180 countries and a social media following of over 3.5 million. For more information, visit the website at www.nastygal.com.
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SOURCE Nasty Gal