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About The DailyDAC Editors
The editors and editorial board of DailyDAC include preeminent restructuring and insolvency professionals, journalists, and editors. They are devoted to providing reliable and plain English education and deal intelligence about assignments, corporate bankruptcy, receiverships, out-of-court workouts an similar topics.
Articles by The DailyDAC Editors
PUBLIC NOTICE OF 363 SALE: Industrial Property, Bensenville, IL
NOTICE OF OPPORTUNITY TO SUBMIT HIGHER AND BETTER OFFERS AND NOTICE OF HEARING ON MOTION TO AUTHORIZE SALE OF REAL PROPERTY LOCATED AT 951-961 WEST THORNDALE AVENUE, BENSENVILLE, ILLINOIS 60106 Pon Group, LLC (the “Debtor”) hereby gives notice of the opportunity of prospective purchasers to submit higher and better offers and of a hearing on […]
PUBLIC NOTICE OF CHAPTER 7 AUCTION: World of Good Tastes, Inc.
Chapter 7 Trustee Kimberly Husted announces the sale of the 100% of World of Good Tastes, Inc. Chapter 7 Trustee Kimberly Husted announces the December 12th auction 100% interest in World of Good Tastes, a corporation which owns the recipes, trademarks and production facility for the wholesale supply to stores operated in the greater Sacramento […]
PUBLIC NOTICE OF AUCTION: Overland Trails
R. Wayne Klein, Receiver for National Note of Utah, LC and its affiliated entities (the “Receiver”) in the civil case styled as Securities and Exchange Comm. v. National Note of Utah, LC et al., Civ. Case No. 2:12-cv-00591 (D. Utah) (“Civil Case”), gives notice of his intent to sell 12.24 acres of real property located […]
Stalking Horse Opportunity: Home Owners Bargain Outlet
Home Owners Bargain Outlet: Section 363 Bankruptcy Asset Sale Opportunity Prior to filing Chapter 11 on October 25th Home Owner’s Bargain Outlet (“HOBO”) was a leading regional home improvement bargain retailer of “special buys” (goods that come from opportunistic purchases of a wide array of products primarily from brokers and a handful of regular vendors/manufacturers- […]
PUBLIC NOTICE OF DISPOSITION OF COLLATERAL: Amur Finance IV
NOTICE OF DISPOSITION OF COLLATERAL 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 committed events of default under various agreements including (a) a Secured Revolving Credit Agreement, […]
PUBLIC NOTICE OF BANKRUPTCY AUCTION: 1212 75th St., Downers Grove, IL
Notice of Bankruptcy Auction of 1212 75th St., Downers Grove, Illinois BACKGROUND Executive Summary. Bankruptcy auction of 76,850 square foot retail building on approximately 9.69 acres, commonly known as 1212 75th St., Downers Grove, Illinois (the “Property”), on November 14, 2018, at 2:00 p.m. CT. Bidding at Auction starts at $2.8 million. Background. The Property […]
PUBLIC NOTICE OF UCC SALE: OM Shera Hotels of Chicago, LLC
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, 11:00 a.m. CST, at, Intercounty […]
PUBLIC NOTICE OF RECEIVERSHIP SALE: 3si Systems, LLC
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”). 2. Key Deadlines: Bid Deadline: […]
PUBLIC NOTICE OF ARTICLE 9 DISPOSITION OF COLLATERAL: Liberty Ammunition, Inc.
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 sale to the highest […]
PUBLIC NOTICE OF ASSIGNEE SALE OF ASSETS: Teters Floral Products, Inc.
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 stock, real estate, cash, or […]