Auction Dates Set for Accent WindowsApril 8th, 2011 | Category: Industry News
A federal bankruptcy court in Denver has approved bidding and auction procedures for Accent Windows Inc. in Westminster, Colo., according to court documents. Bids are due by May 2, 2011, and the sale is going to occur on May 18, 2011 in Denver.
The company recently filed for Chapter 11 reorganization to facilitate a sale of the company’s assets and operations through a public auction. As a result, Accent has entered into an Asset Purchase Agreement with its largest creditor, P.H. Tech.
However, according to Jeffrey S. Brinen, Kutner Miller Brinen, P.C., who is representing Accent, “Any party is entitled to overbid PH Tech.”