Bachrach Sets Auction for Sale of its Assets; Buyer Looms

NEW YORK, NY (02/08/10) -- Bachrach Acquisition, LLC, today announced that it has scheduled an auction for the sale of all of its assets. Chief U.S. Bankruptcy Judge Stuart M. Bernstein of the Southern District of New York issued an order allowing Bachrach to schedule a sale of its assets. An auction will be held at the offices of Platzer, Swergold, Karlin, Levine, Goldberg & Jaslow in New York on Monday, February 22, 2010 starting at 10:00 a.m. Eastern Standard Time. Chief Judge Bernstein also scheduled a hearing on Tuesday, February 23rd to review the auction results.