The US Bankruptcy Court gave an order approving the bidding procedures relating to the sale of certain assets of Dougherty’s Holdings, Inc. on January 6, 2020. The Court approved the asset purchase agreement for the sale of certain assets for a purchase price of $1 million in cash. The debtor’s assets include pharmacies. To qualify as a qualified bidder, interested parties should submit their bids by January 9, 2020. Debtor will determine the qualified bid before the stat of the auction. If the debtor receives any qualified bids then it would hold an auction for its assets on January 10, 2020. The sale hearing is scheduled for January 15, 2020.