Bankruptcy Update: NSC, AIM, Fedders, Ultimate Fitness

Here are some of the latest bankruptcy stories our reporters have been covering this Friday morning on TheDeal.com. For more bankruptcy coverage, check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider.

NSC store sold for $29.5M
A Delaware judge approved the sale of Nutritional Sourcing Corp.'s Puerto Rican supermarket to Supermercados Maximo Inc. for $29.5 million. - Jamie Mason

AIM receives its stalking horse
A Texas judge on Thursday cleared the road for the sale of American IronHorse Motorcycle Co. by approving bid procedures that name Rocky Mountain Choppers LLC as its stalking-horse bidder by virtue of its $6.7 million bid. - Jamie Mason

Fedders to sell business
Bankrupt Fedders Corp. is ready to shed its indoor air-quality business later this month via an auction. The company is set for a May 15 hearing before Judge Brendan Shannon of the U.S. Bankruptcy Court for the District of Delaware in Wilmington to map out the sales procedures for the business. - Ben Fidler

Ultimate Fitness hearing postponed
A hearing on the motion to dismiss the Chapter 11 case of gym operator Ultimate Fitness of Manhattan Inc. has been continued for two weeks. - Mike Schoeck

-The editors

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