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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 an similar topics.

Articles by The DailyDAC Editors

90 Second Lesson: How to assess whether a distressed business can be turned around?

QUESTION: Bill H., a business consultant in NYC, asks, how do I determine if a business I am being asked to help is just too far gone to save? ANSWER: Bill, if you have to ask this question, you might be doing your client a service by finding someone else who knows the answer already. […]

PUBLIC NOTICE: Sale of Judgments

R. Wayne Klein, Receiver for U.S. Ventures LC, Winsome Investment Trust, and all the assets of Robert J. Andres and Robert L. Holloway (the “Receiver”) in the civil case styled as U.S. Commodity Futures Trading Commission v. U.S. Ventures LC, et al, Civ. Case No. 2:11CV00099 BSJ (D. Utah) (“Civil Case”), gives notice of his […]

DEAL DONE! Keen-Summit Capital Partners LLC Sells Former College Campus at Auction

New York, NY, January 7, 2019 – Keen-Summit Capital Partners LLC is pleased to announce the sale of the former Saint Catharine College campus in Springfield, KY. The property, which prior to Keen’s engagement, had been on the market for over one year, sold at auction. With five weeks to market the property, Keen generated […]

PUBLIC NOTICE: Sale of Single Family Home in Chicago

Bankruptcy Trustee Alex Moglia Announces Sale of Single Family Home in Chicago Spacious 5 bedroom/3 bathroom Greystone, located just off of King Drive in the Bronzeville/Kenwood neighborhood of Chicago. The home has hardwood floors throughout, custom wood work, and back yard space for entertaining. Great opportunity to rehab and live in, or flip. Close proximity […]

Opportunity to Purchase a Two-Building Industrial Complex in Chicago

Bankruptcy Trustee Alex D. Moglia, Announces Opportunity to Purchase a Two-Building Industrial Complex in Chicago 525 E 130th St Chicago, IL 60628 On behalf of Alex D. Moglia, the Bankruptcy Trustee, Foresite Realty Partners is pleased to offer the opportunity to purchase a two building industrial complex located in Chicago, Illinois. The Property consists of […]


NOTICE OF PUBLIC SALE PLEASE TAKE NOTICE THAT, on Tuesday, January 15, 2019 at 10:00 a.m. (CST) (the “Sale Date”) at the office of Saul Ewing Arnstein & Lehr LLP, 161 N. Clark Street, Suite 4200, Chicago, Illinois 60601, Abode Technologies, Inc. (“Abode” or the “Secured Party”), pursuant to Section 9-610 et seq. of the […]

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 […]


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 […]


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- […]