Retailer Charming Charlie Holdings Inc. filed a motion seeking court approval to quickly offload its intellectual property, arguing that it needs to start the sale before its store closing sales wrap up at the end of August, Bloomberg News reported. Assets potentially up for grabs include trademarks, domain names including charmingcharlie.com, customer files and related transaction data, and social media assets. The retailer says that it needs to begin the sale immediately to “ensure that name recognition in the marketplace remains and there are still employees available to assist with diligence requests.” The case is Charming Charlie Holdings Inc., 19-11534, U.S. Bankruptcy Court for the District of Delaware.
