The Leading Source of Information About Bankruptcy Sales, Article 9 Sales, and Other Means of Vulture Investing for Vulture Investors.

​Most Recent Articles & Public Notices:

Dealing with Distress for Fun & Profit— Installment #18—How to Confirm a Chapter 11 PlanBy Jonathan Friedland • 10/18/2018
  A written tour of business bankruptcy and its alternatives. This is the latest in the series, Dealing with Distress for Fun & Profit, which you can read from the beginning if you like.  In this bat-installment, we turn to what is, theoretically, one of the most important parts of[...]
PUBLIC NOTICE OF UCC SALE: OM Shera Hotels of Chicago, LLCBy The DailyDAC Editors • 10/17/2018
DATE OF SALE: November 8, 2018 PLACE OF SALE: Intercounty Judicial Sales 120 West Madison Street, Suite 7l8A Chicago, Illinois TIME OF SALE: 11:00 A.M. CST NOTICE IS HEREBY GIVEN that the collateral described below will be sold to the highest bidder at a PUBLIC SALE on November 8, 2018,[...]
PUBLIC NOTICE OF RECEIVERSHIP SALE: 3si Systems, LLCBy The DailyDAC Editors • 10/07/2018
NOTICE OF RECEIVERSHIP SALE - 3si Systems, LLC 1. Executive Summary. William A. Brandt, Jr. of Development Specialists, Inc., Receiver of 3si Systems, LLC (the “Receiver”), is selling all of the technology and business assets associated with 3si Systems’ hospital operating room Voice Command System (the “Voice Command System Assets”).[...]
PUBLIC NOTICE OF ARTICLE 9 DISPOSITION OF COLLATERAL: Liberty Ammunition, Inc.By The DailyDAC Editors • 08/20/2018
NOTICE OF DISPOSITION OF COLLATERAL PLEDGED BY LIBERTY AMMUNITION, INC. UNDER ARTICLE 9 OF THE UCC Executive Summary. Pursuant to Section 9-610 of the Uniform Commercial Code, the Secured Creditor (defined below) intends to foreclose upon its security interest in the Collateral (defined below) by selling the Collateral at a[...]
PUBLIC NOTICE OF ASSIGNEE SALE OF ASSETS: Teters Floral Products, Inc.By The DailyDAC Editors • 08/20/2018
NOTICE OF ASSIGNEE SALE OF ASSETS TETERS FLORAL PRODUCTS, INC., (“TETERS”) Assets to be sold: Substantially all of the personal property of Teters and the assignment estate, including all on-hand inventory, work in progress, certain machinery and equipment, furniture and fixtures, and intellectual property. The assets do not include rolling[...]
PUBLIC NOTICE OF BANKRUPTCY SALE: 65-ACRE Master Planned Waterfront in Downtown SacramentoBy The DailyDAC Editors • 08/13/2018
BANKRUPTCY SALE: 65-ACRE MASTER PLANNED WATERFRONT IN DOWNTOWN SACRAMENTO 1. Executive Summary: Colliers International and Keen-Summit Capital Partners LLC, in a joint listing effort, have been hired as the exclusive listing agent to market for sale this 65-acre, mixed-use, transit-oriented, master planned community in Sacramento, CA, known as Township Nine.[...]
Law Firm Bankruptcies: The “Unfinished Business” Doctrine and the Jewel WaiverBy Phillip D. Anker • 08/09/2018
One of the interesting aspects of business bankruptcy cases is that both the businesses and the issues their bankruptcy proceedings present can differ so much. In recent years, for example, we have seen department stores (Macy’s, Federated), toy retailers (Toys R Us), bookstore chains (Borders), automobile manufacturers (GM, Chrysler), supermarkets[...]
NOTICE OF DISPOSITION OF COLLATERAL UNDER NEW YORK UNIFORM COMMERCIAL CODE 1. Executive Summary. UMB Bank, National Association (“Collateral Agent”), as collateral agent for lenders Pine River Master Fund Ltd. and Pine River Fixed Income Master Fund Ltd. (collectively, “Lenders”), hereby gives notice that Amur Finance IV LLC (“Debtor”) has[...]