The Bon-Ton Stores, Inc. filed a motion in the US Bankruptcy Court for the sale of certain assets on March 22, 2018. The debtor seeks the Court’s approval for the sale of its certain assets to Comenity Bank, the stalking horse bidder, for a purchase price of $1.7 million in cash pursuant to the asset purchase agreement. The debtor’s assets include the recoverable sales taxes. The debtor is seeking approval of a private sale without an auction process. Comenity has submitted the entire purchase price on March 3, 2018. The sale hearing is scheduled for April 13, 2018.