The US Bankruptcy Court gave an order approving the sale procedures relating to the sale of De Minimis assets of CBL & Associates Properties, Inc. on November 23, 2020. As per the order the debtors is authorized to sell de minimis assets for $8 million or less in total consideration or value in one or a series of related transactions without further notice or court approval after providing notice of the sale to certain parties in accordance with the following procedures. With regard to a De Minimis transaction with a net selling price less than or equal to $8 million, the debtor shall give written notice of each de Minimis transaction to notice parties. The sale notice shall be filed and sent to the notice parties by e-mail, facsimile, or first class mail at least 7 business days prior to the closing of such de Minimis transaction. With regard to a De Minimis Transaction with a selling price of between $3 million and $8 million, the debtor shall give a sale notice to the notice parties and all other parties required receiving notice under Bankruptcy Rule 2002(a) (2). Any objections to the De Minimis Transaction must be in writing, state the grounds for the objection with specificity, and be filed and served so as to be actually received on or before the Closing Date. If a sale objection is properly filed and served by the sale objection deadline, and the debtor and the objecting party are unable to reach an agreement among themselves, then the relevant de Minimis asset shall be sold or otherwise transferred only upon further order of this court, after notice and a hearing; provided, however, that the debtor, with the agreement of the relevant proposed counterparty, may consummate any portion of the de Minimis transaction that is not the subject of a sale objection on or after the expiration of the sale objection deadline. If no sale objection is properly filed and served by the sale objection deadline, then the debtor, without further order of the court, is authorized, but not directed, to consummate the de Minimis transaction immediately, and take such other actions as necessary to close such transaction and collect the proceeds thereof.