MEMORANDUM AND ORDER
DAVID A. SCHOLL, Bankruptcy Judge.
A. INTRODUCTION
This court is presented with the issue of whether it ought to approve, pursuant to 11 U.S.C. § 363(b), a sale of most of the assets of the AFTER SIX, INC. ("the Debtor"), a former manufacturer of formal wear which has recently ceased doing business due to large economic losses, to AS Licensing Corp. ("AS"), the highest bidder at an auction sale, as urged by the Debtor; or...
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