A bankruptcy judge yesterday put Crumbs Bake Shop Inc. on the path to a quick sale, which the cupcake chain hopes will allow it to reopen the doors at many of its locations, Dow Jones Daily Bankruptcy Review reported today. Bankruptcy Judge Michael Kaplan set a July 24 hearing to approve procedures for an auction of the company, with the lead bid set at roughly $6.5 million from Fischer Enterprises and CNBC star Michael Lemonis.
