TRUSTEE/ASSIGNEE AUCTION OF THE ASSETS OF M-WAVE INTERNATIONAL, LLC AND M-WAVE MUSIC PRODUCTS, LLC Sale of Property: On October 23, 2020 at 10:00 a.m. at the offices of Commercial Recovery Associates, LLC, located at 205 West Wacker Drive, Suite 918, Chicago, IL 60606, Robert Handler (the “Trustee/Assignee”), not in his individual capacity but solely as the Trustee/Assignee for the Benefit of Creditors of M-Wave International, LLC (“M-Wave”) and M-Wave Music Products, LLC (“Music”) (together, the “Companies”), anticipates conducting an auction sale (the “Auction”) of the Companies’ tangible and intangible assets, consisting primarily of inventory, accounts receivable, property plant and equipment, office furniture and equipment, customer information and marketing materials and brochures (“Sale Assets”), a list of which the Trustee/Assignee will make available to potential bidders. Stalking Horse Offer: The Trustee/Assignee and a prospective purchaser (the “Initial Bidder”) have entered into an Asset Purchase Agreement for the Sale Assets (the “APA”), […]

Lido, a leading distributor of food products to cruise lines, is considering a full sale of the Company, sale of a majority equity stake in the Company, or a sale of one of the Company’s segments.

American Heritage Billiards, a leading seller and distributor of billiard tables, is selling off inventory and IP in a receivership sale on October 14, 2020.

Faculty Member Thomas Salerno was part of the team that took Advanced Green Innovations through Chapter 11 restructuring and recapitalization in 10 months.

Trams International, Los Angeles is for Sale. Opportunity for next generation developers of commercial vehicles The company is a vertically integrated design and manufacturing firm, that has been an innovator in the medium and heavy-duty vehicle space for over 30 years. They have extensive experience conceptualizing, designing and building, electric and conventionally powered commercial vehicles. Their operations are integrated under one roof. Trams International Provides: More control of development process Design / prototype / low volume manufacturing Rapid prototyping capabilities Decades of experience under one roof means less risk Value: Save costs, time, and risk, all under one roof. Faster time to market USA design / prototype presence for International Importers Early stage production Custom and concept vehicles Key Company Assets Customer / Industry Base: Public and Private Sector Strong, direct relationships Several hundred diverse, name brand customers Extensive industry and supplier contacts Design: 3D CAD design / modeling / […]

NOTICE OF PUBLIC DISPOSITION OF COLLATERAL UNDER UNIFORM COMMERCIAL CODE 1. Executive Summary. This is notice of the intention to offer to sell, or cause to be sold, at a public sale conducted in accordance with Article 9 of the Uniform Commercial Code, as enacted in all applicable jurisdictions (“UCC“), and of the invitation to potential buyers to bid at such sale (“Sale”). 2. Date & Location of Sale. August 20, 2020 at 12:00 p.m. (Central Time), at the offices of Goldberg Kohn Ltd., located at 55 E. Monroe, Ste. 3300, Chicago, IL 60603. 3. Name of Companies. EFREIGHT, LLC, EFSWW, LLC (“Borrower“), Cartage Now, LLC, Archgate TMS, LLC, You & I Logistics, LLC, ExactDirect, LLC, efreightsolutions, LLC, and Efreightsolutions Holdings, LLC (“Holdings“) (collectively, “Companies“). 4. Name of Secured Party. Accel-KKR Credit Partners SPV, LLC (“Secured Party“). 5. Asset to be Sold. All of the Companies’ right, title, and interest […]

NOTICE OF PUBLIC UCC ARTICLE 9 FORECLOSURE AUCTION Certain Loans and Other Personal Property of GEMCAP LENDING I, LLC and/or GC ACQUISITION I, LLC PLEASE TAKE NOTICE that on August 14, 2020, at 11:00 a.m., Dallas, Texas time, a public sale shall be conducted of the personal property, whether previously, now, or hereafter constituting the items described on Exhibit A (collectively, the “Sale Collateral”) of GEMCAP LENDING I, LLC and GC ACQUISITION I, LLC (each, a “Borrower” or “Debtor” and collectively, the “Borrowers” or “Debtors”). Such public sale will be conducted via an online video conference using Zoom or another similar video conferencing platform. This sale is being held to enforce the rights of MIDCAP FINANCIAL TRUST (the “Secured Party”). 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 the Sale Collateral subject […]

Public Notice of Chapter 11 Sale: Direct to Consumer Catalog and E-Commerce Retailer, Import Specialties Incorporated d/b/a Heartland America Catalog and E-Commerce Company, Import Specialties Incorporated d/b/a Heartland America (the “Company”), entered Chapter 11 bankruptcy (filed August 2019) protection and ownership is looking to complete an accelerated transaction. Established in 1985, the Company serves customers throughout North America and specializes in providing quality general merchandise at low prices. The current management team has been able to stabilize, and even grow the company during bankruptcy (and the global COVID-19 pandemic). By leveraging a loyal club membership base of recurring customers, the Company is trending towards 8% EBITDA for 2020. REASON FOR SALE Cash flow challenges created by a leveraged capital structure resulted in 2019 financial distress. The Company represents a great acquisition opportunity for a strategic or financial acquirer. RECAST & PROJECTED FINANCIAL HIGHLIGHTS BUSINESS HIGHLIGHTS Newly Established Quality, Dedicated Management […]

NOTICE OF UCC COLLATERAL SALE The undersigned, ADVANTAGEOUS EQUITIES, L.L.C. (the “Seller”) has been engaged as special agent on behalf of PENDER EAST CREDIT 1 REIT, L.L.C. (the “Lender”), with respect to Lender’s rights and interests in various items of tangible personal property as described in paragraph “(f)” on pages 4 and 5 of a Deed of Trust, Security Agreement and Fixture Filing (the “Security Agreement”) from VERY FINE MOTELS, INC., a Nebraska corporation, dated December 27, 2018, and recorded on January 2, 2019, as Instrument No. 20190102000000720, Deed Book 3215, Page 443, among the land records of Hanover County, Virginia, with the security interest therein created having been perfected by the filing of a UCC Financing Statement on January 10, 2019, as Instrument No. 1901000780-6 in the office of the Nebraska Secretary of State. At the instruction of the secured lender, default having occurred in the obligations secured by […]

NOTICE OF PUBLIC SALE UNDER UCC 1. WUNDER CAPITAL V, LLC (“Secured Party”), to enforce its rights against CLEANLIGHT POWER+ENERGY, MT. LAUREL, LLC, a Delaware limited liability company (“Borrower”), will offer for sale at public auction its Collateral, as that term is defined below. 2. The public auction will take place on July 31, 2020, at 10:00 a.m. (New York City time). 3. The Collateral is defined as and includes the property set forth below: All property and assets of the Borrower, whether currently owned or hereafter acquired by Borrower, wherever located, of every kind and description, tangible or intangible, and all proceeds thereof, including: all goods (including inventory, equipment and accessions thereto), instruments (including promissory notes), documents, accounts and accounts receivable, other receivables, chattel paper (whether tangible or electronic), deposit accounts, letter-of-credit rights (whether or not evidenced by a writing), documents of title, policies, certificates of insurance, commercial tort […]