Destination Maternity Corporation filed a motion in the US Bankruptcy Court for the sale of substantially all its assets on November 21, 2019. The debtor seeks the Court’s approval for the sale of substantially all its assets, though an auction, to the winning bidder. The debtor’s assets include all or substantially all it's assets. To qualify as a qualified bidder, interested parties should submit their bids along with good-faith deposit in the amount of 10% of the bid price. The proceeds from the sale would be used to pay off the amount owed to their secured lenders. The sale hearing is scheduled for December 12, 2019.