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.
NOTICE OF DISPOSITION OF COLLATERAL UNDER UNIFORM COMMERCIAL CODE PLEASE TAKE NOTICE THAT CRECFIV Champions Holdings, LLC, a Delaware limited liability company (“Lender”), is the holder of the rights arising from the indebtedness of Champions Village Kissimmee Holdings, LLC, a Florida limited liability company (“Borrower”) to Lender created by certain agreements evidencing initial indebtedness of $38,300,000.00. Such indebtedness is secured by perfected security interests created by a Pledge and Security Agreement between Lender, as secured party and Borrower as debtor (the “Security Agreement”). Pursuant to the Delaware Commercial Code, the Florida Uniform Commercial Code and the Security Agreement, Lender as Secured Party will offer for sale at a public sale to the highest bidder, (a) Champions Village Kissimmee, LLC (“Pledgor”) 100% membership interest in Borrower, owner of the real property located at 8660 W. Irlo Bronson Memorial Hwy, Kissimmee, Florida 34747, together with the certificates (if any) evidencing the same […]
NOTICE OF 363 BANKRUPTCY SALE: Rōti Restaurants, LLC Rōti is a well-established fast-casual dining brand with a strong presence in Chicago, Washington DC, and Minnesota, known for offering healthy Mediterranean-inspired meals. The company has cultivated a loyal customer base and generated annual revenue of $25.7 million in 2023 at 19 restaurants. The store- level earnings in 2023 were $2.9 million and, on an adjusted basis, are projected to be at a similar level in 2024. However, due to various challenges, including the end of pandemic rent deferrals and other lease obligations, Rōti lacks the capital and scale to persevere, despite nearly all of its locations being cash flow positive. The company is now in the process of selling all its 19 store locations, intellectual property, operational know-how, equipment, and other assets through a 363-bankruptcy process. All of Rōti’s assets will be sold free and clear of all liabilities. The auction […]
NOTICE OF PUBLIC SALE BY AUCTION OF COLLATERAL STOCK PURSUANT TO SECTION 9-610 AND 9-613 OF THE ILLINOIS UNIFORM COMMERCIAL CODE OF ALL OF THE STOCK OF QUIGG ENGINEERING, INC. FOR DETAILS OF THE TERMS AND CONDITIONS OF SALE CLICK HERE OR CONTACT THE LAW FIRM OF FELDMAN WASSER (217) 544-3403
NOTICE OF CHAPTER 7 BANKRUPTCY AUCTION: Assets of Free Speech Systems, LLC Including Intellectual Properties of Infowars and Infowarsstore.com Bankruptcy Auction of Free Speech Systems’ Assets Including Intellectual Properties of Infowars and Infowarsstore.com Offering: Sealed Bid Auction of Intellectual Property of Free Speech Systems, including i) Infowars Production Rights, Archival Production Library, Social Media Accounts and, optionally, its Production Equipment, ii) Infowarsstore.com E-commerce Site and Inventory; iii) Over 400 Domain Names. Assets may be bid on individually or as a package by November 8, 2024, with an overbid Auction scheduled for November 13. Interested parties may choose to negotiate lease terms with the existing landlord, seek to re-hire employees, and include production equipment in their bid for a turnkey purchase of the production operation. The Infowars show and the Infowarsstore.com e-commerce site continue to operate, and will likely continue up until the auction. Infowars Production Assets will include the company’s […]
NOTIFICATION OF PUBLIC DISPOSITION OF COLLATERAL Reference is made to that certain Credit Agreement, dated as of September 21, 2022 (as amended by that certain Waiver and First Amendment to Credit Agreement, dated as of March 31, 2023, that certain Second Amendment to Credit Agreement, dated as of May 22, 2023, that certain Third Amendment to Credit Agreement, dated as of October 10, 2023, that certain Forbearance and Fourth Amendment to Credit Agreement, dated as of January 22, 2024, that certain Fifth Amendment to Credit Agreement and Acknowledgment, dated as of January 30, 2024, that certain Forbearance and Sixth Amendment to Credit Agreement, dated as of March 1, 2024, that certain Seventh Amendment to Credit Agreement, dated as of March 21, 2024, that certain Second Amendment to Cooperation Agreement and Eighth Amendment to Credit Agreement, dated as of August 26, 2024, that certain Ninth Amendment, dated as of September 19, […]
NOTICE OF UCC ARTICLE 9 PUBLIC SALE OF ASSETS OF RICEBRAN TECHNOLOGIES Secured Party Sale at Public Auction October 24, 2024, at 11:30 a.m. (prevailing Eastern Time) NOTICE IS HEREBY GIVEN that, pursuant to the Uniform Commercial Code of the State of New York (the “UCC”), Funicular Funds, LP, as secured lender (the “Secured Party”) to RiceBran Technologies, a California corporation (the “Debtor”), intends to offer to sell at a public auction on October 24, 2024, at 11:30 a.m. (prevailing Eastern Time), on a virtual platform and in a manner and pursuant to bidding procedures to be determined by the Secured Party (the “Public Sale”), all right, title, and interest of the Debtor to substantially all of its personal property, including goods, inventory, equipment, intellectual property, general intangibles, investment property, and all equity interests in MGI Grain Incorporated, a Delaware corporation (the “Sale Collateral”). Unless otherwise agreed by the Secured […]
Notice of Secured Party’s Sale at Public Auction on October 14, 2024 SECURED PARTY’S SALE AT PUBLIC AUCTION ON MONDAY, October 14, 2024, adjourned from the previously scheduled dates of June 14, 2024 and August 15, 2024, will commence at 4 p.m. ET. Certain assets of TrueNorth Projects, LLC, a Delaware limited liability company (the “Debtor”), will be offered for sale by Mayaguana Island Developers, Limited, a company formed under the laws of The Bahamas (the “Secured Party”), to the highest bidder at a public auction held via remote communication. The assets for sale are a twenty percent Membership Interest in True North Services, LLC, a Nevada limited liability company, together with all proceeds and substitutions thereof, all cash, securities and other moneys and property paid thereon, all rights to subscribe for securities declared or granted in connection therewith, and all other cash and noncash proceeds of the foregoing (all […]
Solicitation for bids of the assets of Fulcrum Sierra BioFuels, LLC and Fulcrum BioEnergy, Inc. Solicitation of Bids: Development Specialists, Inc. (“DSI”) is marketing for sale the assets of Fulcrum Sierra BioFuels, LLC and Fulcrum BioEnergy, Inc. (together, “Fulcrum” or the “Company”). Company Overview: Founded in 2007, Fulcrum is a leading clean energy company in the renewable fuels sector, focusing on converting municipal solid waste (MSW) into low-carbon transportation fuels, including sustainable aviation fuel (“SAF”) and renewable diesel. Fulcrum’s proprietary process combines gasification and Fischer-Tropsch technologies to convert organic landfill waste into liquid fuel. This waste-to-fuel process not only provides low-carbon renewable fuel but also reduces the environmental burden of waste management. The Biorefinery conducted initial operations in late 2023 producing approximately 6,000 gallons. Following a maintenance outage to replace, modify and repair certain equipment, the plant is nearly ready for start-up operations. Prospective bidders could look to complete the […]
NOTICE OF PUBLIC SALE OF COLLATERAL On the 19th day of November, 2024, commencing at 11:00 a.m. prevailing Eastern Time, in front of the New York County Supreme Court, located at 60 Centre Street, New York, New York and offered virtually via online video conference, Prime Finance Short Duration Holding Company VII, LLC (“Secured Party”) shall cause the following collateral to be sold by public auction(s) to the highest qualified bidder(s): (i) 100% of the limited liability company interests in WP5 Billings, LLC, a Delaware limited liability company. WP5 Billings, LLC is the owner and/or operator of certain real property and personal property, including that certain real property, and improvements thereon, located at the common address of 2618 King Ave. W, Billings, Montana 59102. The limited liability company interests will be offered as a single lot on an “as-is, where-is” basis, with no express or implied warranties, representations, statements or conditions of any kind made by the […]
NOTIFICATION OF CONTINUED ARTICLE 9 DISPOSITION OF NEWPORT EXCHANGE HOLDINGS, INC., NEH SERVICES, INC., OTA FRANCHISE CORPORATION, AND OTA REAL ESTATE, INC. COLLATERAL Notice is hereby given that Capital Recovery Solutions, LLC (“Secured Party”) continued its public disposition of collateral owned by Newport Exchange Holdings, Inc., NEH Services, Inc., OTA Franchise Corporation, and OTA Real Estate, Inc., from Monday, September 9, 2024, to the following date, time, and place: September 20, 2024, at 9:00 a.m. at the offices of Hahn Loeser & Parks, LLP, counsel for the Secured Party, located at One America Plaza, 600 W Broadway, Suite 1500, San Diego, CA 92101. The continuation of the public disposition of collateral was announced during the September 9, 2024, public foreclosure sale. Secured Party reserves the right to further postpone or continue the public foreclosure sale to a later date, time, and place, by announcement prior to or at the Disposition. […]