1. Background. The auction (“Auction”) that is the subject of this notice (“Notice”) will take place under the authority of the Honorable A. Benjamin Goldgar, of the United States Bankruptcy Court of the Northern District of Illinois (Eastern Division), as part of the chapter 7 bankruptcy case (“Bankruptcy Case”) titled, In re Outboard Marine Corporation (Case No. 00 B 37405). Alex D. Moglia serves as chapter 7 trustee (“Trustee”) for the Estate of Outboard Marine Corporation and its substantively consolidated debtor entities (“Debtors”). All references to the Trustee in this Notice are to him in this capacity and not in Mr. Moglia’s individual capacity.
2. Assets to be Sold.
3. Bidding and Sale Procedures. Pursuant to the court-approved bidding and sale procedures (“Bidding Procedures”):
4. Additional Information. Copies of the Motion and related documents, and additional information about the Auction, can be obtained from the docket of the Bankruptcy Case at the United States Bankruptcy Court’s website (https://ecf.ilnb.uscourts.gov/) via PACER, Alex Moglia, Moglia Advisors, 1325 Remington Road, Suite H, Schaumburg, IL 60173, (847) 884-8282 or [email protected], or the Trustee’s counsel, Mark Radtke, Fox Rothschild LLP, 321 N. Clark St., Ste. 1600, Chicago, IL 60654, (312) 517-9200 or [email protected].
DailyDAC™ is the internet's oldest, most trusted, and most widely used provider of public notices of asset sales and case commencements, and other important notices involving companies in financial distress in the United States and Canada. DailyDAC™ public notices are used by bankruptcy trustees, chapter 11 debtors in possession, federal and state court receivers, assignees for the benefit of creditors, auctioneers, and secured parties disposing of their collateral under the Uniform Commercial Code or other state law trust (and their respective auction firms, law firms, and other agents). Learn more.
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