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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


Bankruptcy Sale: 34,000± SF free-standing professional medical office building with a 2,300± SF annex on 7.08± acres of land. 3.0± acres of the land is currently unimproved and zoned for residential or additional medical building development. The property is 100% occupied by a Federally Qualified Health Center. 25 Year New Absolute NNN Lease! See pictures and supporting […]


Wedding dress liquidation of high-end brands such as Demetrios, Levkoff, BariJay, Eden Bridals, Dessy Group. Merchandise currently located in Macy Bridal Shops in New York, New Jersey & Chicago. Includes bridal gowns, mother-of-the-bride dresses, bridesmaids dresses, flower girl dresses plus accessories. 9,000+/- items to be sold in bulk packages. Now Accepting Bulk Offers: Bids Due […]

90 Second Lesson: Can my borrower file for bankruptcy just to keep me from foreclosing?

  QUESTION: An exasperated loan officer emailed us, asking whether the borrower – a commercial real estate lessor – could really file a chapter 11 case just to evade a state court order to appoint a receiver in a foreclosure proceeding against the borrower’s building. ANSWER: If a debtor were to admit that it filed […]


Bankruptcy Auction In re 3:17-bk-26908 | Thomas Nicol Company, Inc. Original Balance: $1,990,000.00 Origination Date: January 20th 2006 Interest Rate: 6% Performance: Non-Performing Secured by 45± Acres in Ocean County, NJ The offering consists of the sale of a promissory note in the amount of $1,990,000.00 dated January 20, 2006 payable to Thomas Nicol Company, […]

PUBLIC NOTICE OF ABSOLUTE AUCTION: Prime Retail Development Opportunity

Absolute Auction! Sells to the highest bidder regardless of price. Online auction Wednesday, May 1st, 9am-5pm ET, Carmel, NY Sells to Highest Bidder Regardless of Price! Prime Location on US-6 75% off invested capital Great Visibility and Access to All Major Roads Environmental, Engineering, and More Reports Available The property is a 1.17± acre development […]

PUBLIC NOTICE OF ONLINE AUCTION: Vans, Trucks, Lifts and More!

Online Auction: April 30th at 3PM – May 7th at 5PM 2018 Hino 195 Refrigerated Truck Refrigerated Ford E250 Van Cargo Vans, Scissor Lifts, and More Office & Warehouse Equipment State court liquidation auction of multiple vehicles including: 2018 Hino Refrigerated Truck, Ford E250 Refrigerated Van, 2013 Chevrolet Express 2500 Cargo Van, 2005 GMC Savana […]

90 Second Lesson: Secured Creditors and Toll Charges

  QUESTION: An investment banker recently wrote in, saying this:  “I am currently helping a troubled company sell itself.  The proposed buyer wants to buy its assets through a 363 sale in Chapter 11 and is offering to pay the full amount the bank is owed on its secured debt. The bank is pushing back, trying […]

PUBLIC NOTICE OF SALE: AC Brett Equipment Corporation

NOTICE OF PUBLIC SALE OF THE ASSETS OF AC BRETT EQUIPMENT CORPORATION BY ASSIGNEE FOR THE BENEFIT OF CREDITORS SALE OF ASSETS: Notice is hereby given that on Wednesday, April 24, 2019 at 2:00 pm, CDT (the “Date of Sale”), in the offices of Rally Capital Services, LLC, 350 North LaSalle St, Suite 1100, Chicago, […]


NOTICE OF PUBLIC SALE OF COLLATERAL OF ADAMS ARMS, LLC PURSUANT TO THE FLORIDA UCC 1. Executive Summary. Pursuant to Chapter 679 of the Florida Statutes (the Florida Uniform Commercial Code), LB Merchant AA-2, LLC and David Nolan as Assignee from GF Ram II LLC, or their subsequent assignees (collectively, the “Lenders”), will conduct a […]

Not Necessarily Free and Clear I: Purchasing Real Estate Property in a Section 363 Sale

Just Because A 363 Sale Says Free and Clear, Does Not Mean It Is Free and Clear A bankruptcy debtor is offering commercial property in a section 363 sale. It is an attractive property and Lou is considering purchasing it. Lou has heard that a section 363(b) sale “cleans” the assets of all liens, claims, […]