Bid Deadline Set for hhgregg® Intellectual Property Sale

NEW YORK, June 13, 2017 /PRNewswire/ -- Hilco Streambank (www.hilcostreambank.com), intellectual property sales consultant to hhgregg, announced today that a sale motion seeking authorization to sell the hhgregg^® brand and related intellectual property assets has been filed with the Bankruptcy Court on June 8, 2017.

The sale motion calls for interested parties to submit bids for the intellectual property assets by June 22, 2017, at 5:00 PM EDT.  The intellectual property assets include the hhgregg® brand-related trademarks, the domain names and other digital assets associated with the e-commerce website www.hhgregg.com, and hhgregg's extensive customer database of over 16 million customer files with 5 million associated email addresses.  

An auction for all the hhgregg® intellectual property assets has been proposed for Monday, June 26, 2017 at 10:00 AM EDT, at the offices of Debtors' counsel, Ice Miller LLP. The assets will be sold in a sale under Section 363 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Indiana.

Parties interested in learning more about the hhgregg^® intellectual property assets, the sale process and other bidding requirements should contact Hilco Streambank directly using the contact information provided below.

About Hilco Streambank
Hilco Streambank is a market leading advisory firm specializing in intellectual property disposition and valuation. Over the last three years Hilco Streambank has become a leader in the IP valuation and disposition market, representing brands across various industries. Having completed numerous transactions including sales in publicly reported Chapter 11 bankruptcy cases, private transactions, and online sales through HilcoDomains.com and IPv4Auctions.com, Hilco Streambank has established itself as the premier intermediary in the consumer brand, internet and telecom communities. Hilco Streambank is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com), a worldwide financial services company and leader in helping companies maximize the value of their assets. 

Parties interested in learning more about the hhgregg intellectual property assets, the sale process and other bidding requirements should contact Hilco Streambank directly using the contact information provided below.

SOURCE Hilco Streambank

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