The US Bankruptcy Court gave an order approving Christopher & Banks Corporation’s entry into an agency agreement on an interim basis on January 15, 2021. The debtor has been authorized to appoint Hilco Merchant Resources, LLC, as its agent to conduct store-closing sales. According to the approved agency agreement, the Agent shall pay to Debtors an amount equal to 5.0% of the gross proceeds (excluding only sale taxes) from the sale of additional agent goods. The final hearing is scheduled for February 8, 2021.