The Erie (Pa.) Otters will be sold at auction with prospective buyers in the Otters case submitting their offers by June 24 and will be unable to bid the day of the auction, now set for July 10 in U.S. Bankruptcy Court in Erie, the Erie Times-News reported yesterday. Last-minute bids are standard in most bankruptcy sales, but Bankruptcy Judge Thomas P. Agresti set the June 24 deadline because of the complexity of the sale, according to newly filed court records. Judge Agresti said that he primarily wants to give the Ontario Hockey League enough time to vet the prospective buyers before July 10. Agresti and the OHL must approve any deal.
