The chapter 7 trustee filed a motion in the US Bankruptcy Court for the sale of certain assets on May 9, 2018. The debtor seeks the Court’s approval for the sale of certain assets to Leap Tide Capital Management, LLC pursuant to the asset purchase agreement dated May 8, 2018. The debtor’s assets include estate’s right, title and interest and certain litigation assets against former Officers and Directors. To qualify as a qualified bidder, interested parties should submit their bids by May 29, 2018.