Hilco Streambank to Conduct Auction Process
NEW YORK, Jan. 11, 2016 (GLOBE NEWSWIRE) — Hilco Streambank (www.hilcostreambank.com) is selling the HauteCouture.com domain name in a bankruptcy court approved auction. Jil Mazer Marino, the chapter 7 trustee has filed a Sale Motion with the Bankruptcy Court for the Southern District of New York seeking approval of bid procedures which include an auction to conclude on February 2, 2016.
“Interest in the domain name has been robust” said Jack Hazan, EVP of Hilco Streambank. “HauteCouture.com is a premium domain name that can be utilized to drive traffic in any segment of the fashion industry including online fashion retail, flash sales, fashion publications and bloggers.”
The proposed bid procedures provide for the possibility of a live auction or an online auction on Hilco Streambank’s online platform (www.HilcoDomains.com). The proposed bid procedures will also allow the Trustee to select a stalking horse bidder before the auction and provide bid protections including a break-up fee. Interested bidders can register online at HilcoDomains.com or by contacting Hilco Streambank directly. A copy of the motion is available on Hilco Streambank’s website at (http://www.hilcostreambank.com/assets/hautecouture-assets).
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.
For questions or more information regarding the hautecouture.com sale process, please contact:
Executive Vice President
Gary C. Epstein EVP Chief Marketing Officer Hilco Global 847 418 2712