The US Bankruptcy Court gave an order approving the bidding procedures relating to the sale of certain assets of Centric Brands Inc. on August 19, 2020. The debtor’s assets include equity interests in SWIMS AS and any related assets that may be owned by the debtors. To qualify as a qualified bidder, interested parties should submit their bids by September 14, 2020. If the debtor receives any qualified bids then it would hold an auction for its assets on September 18, 2020. The sale hearing is scheduled for October 1, 2020.