“Late last night, there was a development,” Ashley Taylor, a partner at Stikeman Elliot LLP, the firm representing HBC, said. The sale of the charter is just one of the steps HBC has taken to pay back its creditors, from whom the company sought protection in court. Aside from the charter, the company is trying to sell other artifacts that it owns. The process of selling the Royal Charter has garnered plenty of interest due to its historical importance. As a result, HBC decided to host a separate auction for the charter and was to seek approval on Monday, but its lawyers requested an adjournment instead.