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Delaware Bankruptcy Court Approves the Sale of Carl’s Patio

On March 6, 2013, Chief Judge Kevin Gross of the United States Bankruptcy Court for the District of Delaware approved the sale of substantially all of the assets of Carl’s Patio, Inc. (and affiliated debtors) to Carl’s Patio Acquisition LLC, an entity owned by Cleveland-based Weinberg Capital Group. The newly structured company will operate under the “Carl’s Patio” name and continue to offer to customers its current brands of outdoor furniture and accessories. Bayard attorneys Neil Glassman, Charlene Davis and Justin Alberto served as lead counsel to Carl’s Patio through its bankruptcy and sale proceedings that commenced on January 21, 2013.

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