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About The DailyDAC Editors

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 and similar topics.


Articles by The DailyDAC Editors

NOTICE OF PUBLIC SALE OF PERSONAL PROPERTY ASSETS OF H3PL WAREHOUSE & DELIVERY LLC UNDER UNIFORM COMMERCIAL CODE PLEASE TAKE NOTICE THAT on March 1, 2022, at the hour of 10:00 a.m. Central Time, Guardian Capital Financing IV LLC, as successor secured creditor (“Secured Creditor”) of H3PL Warehouse & Delivery, LLC (the “Borrower”) will hold a public foreclosure sale via Zoom under Section 9-610 of the Uniform Commercial Code of all of the personal property collateral pledged to Secured Creditor, including, without limitation, machinery and equipment, general intangibles, contract rights and all other personal property assets, other than any collateral specifically excluded by Secured Creditor in its discretion. The Borrower is in the business of operating a warehouse in the City of Chicago, Illinois. The sale will be held on a “where is, as is” basis, without any representations and warranties, express or implied. There is no warranty relating to […]

Bankruptcy 363 Sale: Residential Portfolios on Purdue University Campus SEALED BID DEADLINE: Thursday, February 24, 2022, 5 pm EST Buyer’s Premium: 6% AW Properties Global has been exclusively engaged to market multiple residential portfolios including 89 properties located in West Lafayette and Lafayette, Indiana on the campus of Purdue University. Currently included in the sale are: 82 condominium units located in a prime waterfront location at 320 Brown Street, West Lafayette, Indiana 7 single family rental properties on the campus of Purdue University and adjacent to the University Excellent opportunity for redevelopment for use as student or professional housing Additional condominium units located at 320 Brown Street, West Lafayette, Indiana are being added to the sale. For a current and full offering package spreadsheet, please contact: Diana Peterson 312-218-6102 [email protected] Emily Gottlieb 773-294-1155 [email protected]   https://auctions.awproperties.com/product/bankruptcy-363-sale-residential-portfolios-on-purdue-university-campus/

Considering making a secured loan? The DailyDac Editors give key insight to becoming a secured creditor, and what to identify about distressed borrowers.

AUCTION OF ASSETS OF REGENCY CORPORATE LIVING – JANUARY 10, 2022 BID DEADLINE 1. What is Being Sold? Substantially all of the assets of Regency Corporate Living, a California corporation (“Debtor”), including the Debtor’s right, title, and interest in and to intellectual property (including, without limitation, contact lists, online platform profiles and domain names) and office equipment (collectively, the “Collateral”). The Collateral does not include accounts, breach of contract claims, or commercial tort claims. 2. What is the Debtor’s Business? The Debtor advertised itself as providing temporary housing solutions within a residential setting in California. For more information, check out it’s website here. 3. Article 9 Sale. This auction (“Auction”) will be conducted, and this public notice is being provided, pursuant to Section 9-610 of the Uniform Commercial Code (“UCC”), as adopted in the State of Utah and any other applicable jurisdictions, and any other applicable law. 4. Who is […]

Chapter 11 363 Sale of substantially all assets as a going concern. Preliminary Bid Deadline is December 10th; auction is December 13th. Based in Ames, Iowa, Cycle Force Group LLC is an importer and distributor of bicycles, parts, and accessories with sales into multi-channels throughout North America. Investment Banker is Ravinia Capital LLC.

NOTICE OF PUBLIC SALE OF COLLATERAL PLEASE TAKE NOTICE that in accordance with applicable provisions of the Uniform Commercial Code as enacted in all applicable jurisdictions, LoanCore Capital Credit REIT LLC (“Secured Party”) will offer for sale, at public auction, all of 225 Deerpath Investors, LLC’s (“Debtor”) right, title and interest in and to (a) 100% of the limited liability company interests of 225 E. Deerpath, LLC, a Delaware limited liability company (“Owner”), and (b) certain related rights and property relating thereto (collectively, (a) and (b) are the “Collateral”). Based on Debtor’s disclosures, Secured Party understands that the principal asset of Owner is certain real property located at 225 E. Deerpath, Lake Forest, IL 60045, and such property is subject to one or more mortgages. The public auction will be held on January 21, 2022 at 12:00 p.m. (CST), by remote auction via web-based video conferencing and/or telephonic conferencing program […]

Public Notice of Bankruptcy Sale: HYPERAMS Announces Sale of North Dakota Mineral Interests 1. What? HYPERAMS is offering for sale seven (7) separate oil, gas, and other mineral interests located in North Dakota. Current operators of these interests include XTO Energy, Murex Petroleum, and Oasis Petroleum. Sale is being conducted by HYPERAMS on behalf of Lutheran Social Services of North Dakota (LSS) by order of U.S. Bankruptcy Court, District of North Dakota (Fargo), Petition 21-30203. An APA has been executed with a Stalking Horse. Qualifying bids must exceed the Stalking Horse purchase amount plus the Break Up Fee. 2. When? Qualified Bid Submission: December 15, 2021 Auction: 9:00 am Central on December 16, 2021 via telephonic or video conference as provided by HYPERAMS Transaction closing as soon as possible following Sale Approval Hearing. 3. Qualified Bid and Bid Deadline. North-Dakota-Mineral-Interests-Bidding-Procedures.pdf Any person that wishes to bid at the Auction must no […]

November 24, 2021 UCC PUBLIC SALE NOTICE PLEASE TAKE NOTICE that on November 24, 2021 at 9:30 A.M. (CST), due to certain defaults under the Second Amended and Restated Secured Note executed by Cake Craft Factory LLC and made payable to Big Shoulders Capital VI, LLC (“Lender”) dated as of August 10, 2020 in the original principal amount of $574,479.16 and the related loan documents (the “Loan Documents”) substantiating a certain loan or loans (collectively, the “Loan”), and pursuant to and in accordance with Texas Business & Commerce Code Section § 9.101 et seq. (the “UCC”), Big Shoulders Capital VI, LLC, 105 Revere Drive, Suite D, Northbrook, IL 60062 (tel: 630-774-6661) or its assignee, successor, designee or sub-agent (collectively, the “Lender”), shall dispose of the property listed in Exhibit A (collectively, the “Collateral”), by public sale (the “Auction”), which shall be held by videoconference as follows: Date: Wednesday, November 24, […]

Chapter 11 363 Sale of substantially all assets as a going concern. Preliminary Bid Deadline is November 30th; auction is December 13th. Based in Ames, Iowa, Cycle Force Group LLC is an importer and distributor of bicycles, parts, and accessories with sales into multi-channels throughout North America. Investment Banker is Ravinia Capital LLC.

Bank Street Village (f/k/a City Line at Hightstown). Article 9 Sale of certain limited liability company membership interests on 3PRC, LLC, a New Jersey limited liability company, that are owned by 3P Hightstown, LLC, will be on November 9th; deposits due November 8th.. 3PRC is the developer of Bank Street Village (f/k/a City Line at Hightstown). This is a large-scale property development consisting of 343 apartment units in three buildings, 43 townhouses, parking structures, related amenities, appurtenant structures & improvements.

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