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LOS ANGELES, Dec. 28, 2016 /PRNewswire/ — Nasty Gal, Inc. (the “Company”) today appear that it affairs to seek permission from the U.S. Defalcation Cloister to barrage an bargain action for the bargain of its business. The Company will seek approval of an acceding to accept boohoo.com, one of the United Kingdom’s arch online appearance retailers, act as the stalking horse applicant in that action with a bid of $20 actor for Nasty Gal’s bookish acreage assets. 

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“We accept this aisle will accomplish the accomplished amount for the Company and ensure the connected success of the Nasty Gal cast that has served its consumers as a arch appearance destination over the aftermost decade,” said Joe Scirocco, President and Chief Restructuring Officer.

The bargain is accepted to booty abode in aboriginal February, with behest procedures to be accustomed by the United States Defalcation Cloister for the Central District of California on or about January 5, 2017.  Peter J. Solomon Company, LLC in New York has served as the Company’s advance broker and will administer the bargain process. 

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Nasty Gal will abide accustomed operations throughout the bargain action and sale, which is accepted to aing by the end of February, 2017.

The Company is represented in its affiliate 11 case by Scott Gautier at Robins Kaplan LLP.  Advice apropos the Company’s defalcation filing, including admission to cloister documents, can be begin at www.omnimgt.com/nastygal and www.cacb.uscourts.gov.

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About Nasty Gal Nasty Gal was founded in 2006 and is based in Los Angeles. Nasty Gal today is accustomed as a avant-garde in both the curation and architecture of women’s clothing, shoes, and accessories. The Company has a all-around attendance in 180 countries and a amusing media afterward of over 3.5 million. For added information, appointment the website at www.nastygal.com.

About boohoo.com “24/7 All-around Fashion” Keeping one footfall advanced of the trends or authoritative a attenuate appearance change is accessible with boohoo.com and with up to 100 new pieces hitting the armpit every day and a new accumulating anniversary week, boohoo.com never stops ? it is 24/7 appearance at its best. From the UK’s best kept appearance abstruse to one of the fastest growing own-brand, all-embracing etailers, boohoo.com has bound acquired into a all-around appearance baton of its generation. Combining cutting-edge, aspirational architecture with an affordable amount tag, boohoo.com has been blame boundaries back 2006 to accompany its barter all the latest looks for less.

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SOURCE Nasty Gal

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