January 29, 2015
Partner Robert L. LeHane and associate Gilbert R. Saydah are mentioned as counsel to dELiA*s Inc.’s unsecured creditors in the Law360 article “Delia's Floats $2.5M Stalking Horse Deal For Trademarks.” The article discusses interest from the investors that bought the Alloy Apparel line from dELiA*s in purchasing the bankrupt retailer’s trademarks and intellectual property for $2.5 million. dELia*s received a bankruptcy judge’s approval to sell off intellectual property assets at an auction in late February. The amount generated from additional liquidation sales will determine the recovery of the unsecured creditors.
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