Sullivan Hazeltine Allinson llc

Attorneys at Law

Orchard Supply Hardware Stores

On July 8, 2013, Judge Sontchi entered an order approving Orchard Supply's requested procedures governing the auction and sale of its assets.  The procedures include the payment of a $6.15 million break-up fee to Lowes, the stalking horse bidder, if it is not the successful bidder at the auction scheduled for August 14, 2013.  A hearing to approve the sale to the highest bidder is scheduled for August 20, 2013.