DailyDAC’s Premium Public Notice Service, in partnership with The National Law Review, helps market asset sales on behalf of fiduciaries (e.g., Chapter 11 debtors-in-possession and committees, trustees, receivers, assignees), secured lenders selling collateral under UCC Article 9, and auctioneers to a very large and self-selected group of potential bidders and their advisors. The Service also assists with noticing other events, like claims bar dates, in bankruptcy cases.
Auction Sale of Intellectual Property – smarTours On February 12, 2025 (the “Petition Date”), the Assignee filed its Verified Petition for Assignment for the Benefit of Creditors (the “Petition”), attaching the General Assignment for the Benefit of Creditors. On February 13, 2025, the Court entered the Order on Petition for Assignment for the Benefit of Creditors, asserting jurisdiction over the Petition pursuant to 10 Del. C. §7381, et seq. By way of background, the predecessor at smarTours, LLC was a provider of direct-to-consumer, value-oriented travel experiences to a variety of domestic and global destinations, particularly focused on a “baby boomer” customer base. The Company offered both pre- packaged tours with pre-set departure dates for individual travelers and customized, private tours for twenty or more-person passenger groups. Over 200,000 passengers have traveled with the Company since its founding in 1996. The company struggled to remain solvent due to lower revenue streams […]
NOTICE OF PUBLIC SALE OF PERSONAL PROPERTY ASSETS OF PMA INDUSTRIES, LLC, PMA INDUSTRIES BUYER, INC., PMA INDUSTRIES PARENT, LLC AND UNITED WESTERN ENTERPRISES, INC. UNDER SECTION 9-610 OF THE UNIFORM COMMERCIAL CODE PLEASE TAKE NOTICE THAT on March 14, 2025, at the hour of 1:00 p.m. Central Time, Core Industrial Finance & Capital, LLC (“Secured Creditor”) as secured creditor of PMA Industries, LLC, PMA Industries Buyer, Inc., PMA Industries Parent, LLC and United Western Enterprises, Inc. (collectively the “Obligors”) will hold a publicly advertised 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, tooling and dies, inventory, raw materials, accounts receivable, tax refunds, general intangibles, contract rights, intellectual property, fixtures and all other personal property assets, other than any collateral specifically excluded by Secured Creditor in its discretion. […]
NOTICE OF UCC PUBLIC AUCTION SALE PLEASE TAKE NOTICE, that in accordance with applicable provisions of the Uniform Commercial Code of the States of Delaware and Illinois (as applicable), PMRP V Holdings, L.L.C., a Delaware limited liability company (“Secured Party”), will sell at public auction sale all limited liability company interests held by (i) Shoreview Apartments, LLC, a Delaware limited liability company (“Pledgor 1”), in Shoreview Holding, LLC, a Delaware limited liability company (such entity, the “Pledged Entity 1”), (ii) PLF Shoreview Mezz, LLC, a Delaware limited liability company (“Pledgor 2”), in PLF Shoreview, LLC, a Delaware limited liability company (“Pledged Entity 2”), and (iii) MDW Shoreview Mezz, LLC, a Delaware limited liability company (“Pledgor 3”; and together with Pledgor 1 and Pledgor 2, collectively, “Pledgor”), in MDW Shoreview, LLC, a Delaware limited liability company (“Pledged Entity 3”; and together with Pledged Entity 1 and Pledged Entity 2, collectively, “Pledged […]
AMENDED NOTICE OF SECURED PARTY’S PUBLIC SALE BY AUCTION ADVISORS OF MEMBERSHIP INTERESTS IN 348PINEVILLERD LLC AND ENERPRISE MANAGEMENT GROUP LLC UNDER ARTICLE 9 OF THE UNIFORM COMMERCIAL CODE PLEASE TAKE NOTICE that on March 13, 2025, starting at 11:00 a.m. Eastern Time, AUCTION ADVISORS, as Auctioneer, on behalf of LOAN ORIGINATIONS LLC, a Delaware limited liability company (“Secured Party”), will offer for sale at a public auction under the Uniform Commercial Code, 100% of the limited liability company membership interests in: 348PinevilleRd LLC, a Delaware limited liability company (“Pineville”) and Enerprise Management Group LLC, a Delaware limited liability company (“Enerprise” and collectively with Pineville, the “Borrower”). Jesse LeSuer (“LeSuer”) is the current owner of 100% of the membership interests in the Borrower. To secure his obligations to Secured Party, among other actions, LeSuer pledged to Secured Party a first-priority, perfected security interest in and to his membership interests in […]
NOTICE OF PUBLIC SALE OF COLLATERAL Current Principal Balance: 193,806,115.34 PLEASE TAKE NOTICE that in accordance with the applicable provisions of the Uniform Commercial Code of the State of New York, Parkview Financial REIT, LP, as the agent under certain loan agreements and a pledge agreement (“Secured Party”), will offer at public auction the limited liability company interests (the “Collateral”) in Hudson 1702, LLC (“1702”) and Hudson 1701/1706, LLC (together with 1702, the “Company”), which entities, upon Secured Party’s information and belief, own a leasehold estate in certain condominium units in the building known as 353 West 57th Street Condominium and by the street number 353-361 West 57th Street a/k/a 356 West 58th Street, New York, New York, said condominium units being designated and described as Unit Nos. 1, 2 and 6 in the Declaration relating to such Condominium, as amended, recorded in the Office of the City Register of […]
NOTICE OF UCC PUBLIC SALE OF COLLATERAL PLEASE TAKE NOTICE, that in accordance with applicable provisions of the Uniform Commercial Code as enacted in New York, KTB CRE Debt Fund No. 11, a Korean investment trust, the facility agent under a certain loan agreement (“Secured Party”) will offer at public auction, via Mannion Auctions, LLC, by Matthew D. Mannion, Auctioneer, all member and other equity interests in and to 100% of the limited liability company interests (the “Pledged Securities”) in 285 Madison Owner LLC (the “Mortgage Borrower”) pledged by 285 Madison Mezzanine LLC (the “Debtor”), which Mortgage Borrower, directly or indirectly owns, leases and/or operates the real property located at 285 Madison Avenue, New York, New York 10022 (the “Premises”). Secured Party is offering for sale the Pledged Securities and certain rights and property related thereto each of which was pledged by the Debtor under a Pledge and Security Agreement, […]
NOTICE OF SALE OF ESTATE PROPERTY and AUCTION OF ASSETS OF ESSEX TECHNOLOGY, LLC PLEASE TAKE NOTICE THAT Essex Technology Group, LLC (the “Debtor”) filed for Chapter 11 bankruptcy on February 3, 2025, in the Bankruptcy Court for the Middle District of Tennessee. Case No. 25-00452 (NBK). The Debtor operates 92 “Bargain Hunt” retail stores located in Alabama, Arkansas, Georgia, Indiana, Kentucky, Mississippi, North Carolina, Ohio, South Carolina, and Tennessee. The Debtor is selling substantially all of its remaining assets (the “Acquired Assets”) in a 363-bankruptcy sale auction, with any qualifying bidders, subject to Bankruptcy Court approval. The Acquired Assets shall be sold free and clear of all liens, claims, encumbrances, and interests to the greatest extent allowed under section 363(f) of the Bankruptcy Code. Contract Cure Procedures. The Debtor has filed a notice of potential assumption, assignment and/or transfer of executory contracts and unexpired leases that may be included […]
NOTICE OF SALE PLEASE TAKE NOTICE that, in accordance with applicable provisions of the Uniform Commercial Code as enacted in the State of New York, by virtue of certain Event(s) of Default under that certain Mezzanine Loan Agreement (as amended, the “Mezzanine Loan Agreement”), dated as of December 24, 2014, between 401 FIFTH HOLDING LLC, a Delaware limited liability company, as Borrower (“Debtor”), and 393 FIFTH FUNDING LLC, a Delaware limited liability company, as Lender (“Secured Party”), Secured Party will offer for sale at public auction all of the Secured Party’s right, title and interest in and to (a) 100% of the limited liability company interests (the “Interests”) in 401 FIFTH LLC, a Delaware limited liability company (the “Owner”), and (b) certain related rights and property relating to the Interests (collectively, (a) and (b) are the “Collateral”) owned by Debtor. The public sale (the “Sale”) will take place at 2:00 […]
NOTIFICATION OF DISPOSITION OF COLLATERAL To: Interested Members of the Public From: CRE BRIDGE CAPITAL, LLC (“Secured Party”) c/o Levenfeld Pearlstein, LLC, Attorney for the Secured Party Attn: Jamie L. Burns 120 S. Riverside Plaza, 18 th Floor Chicago, Illinois 60606 (312) 476-7601 Names of Debtor(s): Bimal Doshi, Amin Amdani, Satya Mehta, Fouzan Memon, Paul Busching, Why This Entity Inc. We will sell the Collateral described below to the highest qualified bidder in public as follows: Day and Date: February 27, 2025 Time: 12:00 p.m. CST Place: Levenfeld Pearlstein, LLC 120 S. Riverside Plaza, 18 th Floor Chicago, Illinois 60606 Collateral: (a) 100% of Bimal Doshi; Amin Amdani; Satya Mehta; Fouzan Memon; Paul Busching and Why This Entity Inc’s current and future membership interests in Schiller Park Hospitality LLC, an Illinois limited liability company (the “Company”), which Company is the owner of the real property commonly known as 10249 Irving […]
NOTICE OF PUBLIC DISPOSITION OF ASSETS OF FRECK YOURSELF INC. February 3, 2025 To: Attached Service List From: Steel Funding, LLC 305 East 85th Street, Apt. 10D New York, NY 10028 NOTICE IS HEREBY GIVEN that Steel Funding, LLC, as a secured party (on behalf of itself and its affiliates, successors, and assigns, individually or collectively, the “Secured Party”), will sell the assets of Freck Yourself Inc., a Delaware corporation (the “Debtor”), to the highest or otherwise best qualified bidder(s) at a public disposition to be conducted at 11:00 A.M. PST, February 18th, 2025 (the “Sale”). The Secured Party shall conduct the Sale in accordance with Article 9-610 and other applicable provisions of the Uniform Commercial Code (the “UCC”) and the Transaction Documents (as defined below) and will conduct the Sale via Zoom through the offices of: Brian Testo Associates, LLC 4035 East Thousand Oaks Blvd. Suite 105 Westlake Village, […]