In re Phoenix Media Group, LLC

—Order, Supreme Court, New York County (Louis York, J.), entered October 9, 2001, which authorized the sale of certain assets of Phoenix Media Group, LLC to Relix LLC and ordered appellant to remit the sum of $32,000 in payment to Douglas J. Pick, unanimously reversed, on the law and the facts, without costs, the application denied and the order vacated.

The IAS court erred in authorizing the sale of certain assets *217of Phoenix Media Group, LLC, as assignor, to nonparty appellant Relix LLC and ordering it to remit payment to Douglas J. Pick, as assignee, inasmuch as appellant’s bid had…