LSC Communications, Inc. filed a motion in the US Bankruptcy Court for the sale of its certain assets on February 3, 2021. The debtor seeks the Court’s approval for the sale of its certain assets to Industrial Realty Group, LLC for a purchase price of $29 million in cash pursuant to the asset purchase agreement, dated January 24, 2021. The debtor’s assets include a manufacturing facility of 447,122 square feet with an additional 133,000 square feet of structural mezzanine located at 14100 Lear Boulevard, Reno, Nevada 89506. The purchaser would be entitled to a an expense reimbursement of $0.35 million in case of termination of the asset purchase agreement. The sale hearing is scheduled for February 24, 2021. The proceeds from the sale would be used for the payment of administrative costs for the debtors’ estates or any successor in interest and distributions to creditors. Sale closing date will be no earlier than February 28, 2021 and no later than the earlier of fourteen days after the Bankruptcy Court’s entry of the Approval Order and March 31, 2021.