Rockport sees the DE bankruptcy court approve its asset sale to Charlesbank for $150 million, but with substantial changes pending the outcome of its dispute with Adidas. While the order stops short of having the debtor escrow the $54 million in outstanding obligations Adidas claims, it specifies that no provision of the Asset Purchase Agreement releases any of the debtors or affiliates from any of those liabilities. All entities reserve all of their rights with respect to what is owed to Adidas or its affiliates in connection with the 2015 purchase between the Big a and the Berkshire and New ... Log in to view full article.