The US Bankruptcy Court gave an order approving the sale of substantially all the assets of Destination Maternity Corporation on December 12, 2019. The debtor has been authorized to sell substantially all its assets to Marquee Brands, LLC , the stalking horse bidder, for a purchase price of $50 million. The debtor’s assets include all or substantially all it's assets. Marquee Brands, LLC. purchased the assets in good faith by offering the highest bid.