Accounts Receivable and Other Personal Property of Blitz Energy Services, LLC
PLEASE TAKE NOTICE that on July 24, 2020, at 11:00 a.m., Dallas, Texas time, a public sale shall be conducted of the accounts receivable and certain other personal property previously, now or hereafter, securing the obligations of BLITZ ENERGY SERVICES, LLC (“Blitz”) to UMB BANK, N.A. (the “Secured Party”). Such public sale will be conducted via an online video conference using Zoom or another similar video conferencing platform. Parties interested in participating in such sale should contact counsel for the Secured Party, at the address below, to facilitate attendance via videoconference.
A detail of such collateral subject to the Secured Party’s July 24, 2020 foreclosure sale (the “Collateral”) is available at the link below.
This sale is being held to enforce the rights of the Secured Party.
The Collateral will be sold to the highest qualified bidder for cash, or the credit against outstanding Blitz obligations owed to the Secured Party or for which the Secured Party is entitled by contract to bid. Please be advised that Secured Party, and any assignees of the Secured Party, reserve their right to credit bid, and may credit bid, at the public sale of the Collateral.
There will be no warranty made or provided relating to title, possession, quiet enjoyment or the like in connection with the disposition.
Only qualified bidders may attend the auction. To be a qualified bidder, a prospective bidder must contact counsel for the Secured Party at the e-mail address set forth below on or before 5:00 p.m. (Dallas, Texas time) on July 21, 2020, providing current contact information and such adequate assurances of bidder’s ability to perform as the Secured Party may reasonably request. The highest qualified bidder will be required to deposit the full amount of the bid price in escrow with Holland & Knight LLP by way of a bank wire that is received by Holland & Knight LLP, no later than July 24, 2020, at 4:00 p.m., Dallas, Texas time. Interested parties who would like additional information should contact Brian Smith or David C. Schulte, counsel for the Secured Party, by e-mail at [email protected] or [email protected] or by telephone at: 214-964-9464 or 214-964-9419.
ALL ASSETS SOLD AT THE FORECLOSURE SALE WILL BE SOLD ON AN “AS-IS, WHERE-IS BASIS, WITH ALL FAULTS, AND NO WARRANTY OR REPRESENTATION, EXPRESSED OR IMPLIED, CONCERNING THE COLLATERAL FOR SALE IS BEING MADE BY THE SECURED PARTY OR ANY AGENT, ATTORNEY, OR REPRESENTATIVE OF THE SECURED PARTY.
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