Gibson Brands wants to auction off property in the Gulch as it continues to navigate Chapter 11 bankruptcy proceedings.
Nashville Post reports that Gibson has asked a federal bankruptcy court for permission to auction its Valley Arts Building. The property is the subject of a lawsuit filed against Gibson by New York investor Somera Road, which claims it agreed to buy the property in December before Gibson struck a new deal with another buyer, Starguitar LLC, a few days later. Starguitar, which reportedly…
