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Public Notices
DailyDAC’s Premium Public Notice Service 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.
Public Notice of UCC Article 9 Sale: Nu-World Amaranth, Inc.
NOTICE OF PUBLIC SALE OF COLLATERAL UNDER ILLINOIS UNIFORM COMMERCIAL CODE RE NU-WORLD AMARANTH, INC. 1. Summary: Pursuant to Section 5/9-610 of the Illinois Uniform Commercial Code (ILCS 5/9 § 9-610), and pursuant to a Promissory Note and Security Agreement dated as of October 13, 2015 (as subsequently amended, modified, and supplemented, the “Security Agreement”) among Nu-World Amaranth, Inc. (the “Borrower”) and Steve Sarowitz (the “Lender”), the Lender will sell its interest in substantially all of the Borrower’s personal assets (the “Assets”) listed in Section 2 of the Security Agreement between the Lender and the Borrower, as the debtor, at a public sale to be held on May 1, 2018. 2. Assets to be Sold: The Assets consist of all of the Borrower’s Accounts, Chattel Paper, Commercial Tort Claims, Deposit Accounts, Documents, Equipment, Farm Products, Fixtures, General Intangibles, Goods, Instruments, Inventory, Investment Property, Letters of Credit, Letter-of-Credit Rights, Pledged Deposits, […]
PUBLIC NOTICE OF SALE OF COLLATERAL: Monroe Capital Management Advisors, LLC
NOTICE OF PUBLIC SALE OF COLLATERAL DATE OF SALE: April 30, 2018 PLACE OF SALE: Foley & Lardner LLP 321 N. Clark Street, Suite 2800 Chicago, Illinois 60654 TIME OF SALE: 12:00 P.M. CDT NOTICE IS HEREBY GIVEN that the collateral described below will be sold to the highest bidder at a PUBLIC SALE on April 30, 2018, 12:00 p.m. CST, at, Foley & Lardner LLP, 321 N. Clark Street, Suite 2800, Chicago, Illinois 60654, by Monroe Capital Management Advisors, LLC, as administrative agent of certain Lenders (“Secured Party”). Secured Party is a duly perfected first-priority secured creditor with respect to all present and future debts, obligations and liabilities of Dominus Health Intermediate Holdco, LLC; CR Holdings, LLC; Complete Nutrition Franchise Holdings, LLC; Complete Nutrition Corporate Stores, LLC; Complete Nutrition Worldwide, LLC; CN Online, LLC; R2 Distribution, LLC; Complete Nutrition IP, LLC (“CN IP”); and Complete Nutrition Franchising, LLC; (collectively, […]
PUBLIC NOTICE OF IMPORTANT DEADLINES: GST AUTOLEATHER, INC., ET AL.
KIRKLAND & ELLIS & PACHULSKI STANG ZIEHL & JONES ANNOUNCE NOTICE OF Combined hearing in the Chapter 11 bankruptcy cases of GST AUTOLEATHER, INC., et al to consider confirmation of the chapter 11 plan and adequacy of the disclosure statement filed by the debtors and related voting and objection deadlines. BACKGROUND The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, include: GST AutoLeather, Inc. (5289); GST AutoLeather Cayman I Ltd. (n/a); GST AutoLeather Cayman II Ltd. (n/a); GST AutoLeather HoldCo Corp. (4266); GST Innovations, LLC (5563); and Strategic Financial LLC (n/a). Collectively, these companies are referred to in this notice as the “Debtors.” Debtors’ chapter 11 cases are pending as Case No. 17-12100 (LSS) in the United States Bankruptcy Court for the District of Delaware (the “Court”). The location of the Debtors’ service address is: 20 Oak Hollow Drive, […]
PUBLIC NOTICE OF BANKRUPTCY SALE: VISA/MASTERCARD INTERCHANGE FEE LITIGATION CLAIM BY ARO LIQUIDATION
NOTICE OF BANKRUPTCY CODE §363 SALE OF VISA/MASTERCARD INTERCHANGE FEE LITIGATION CLAIM BY ARO LIQUIDATION, INC., et al. f/k/a AEROPOSTALE, INC. Background: ARO Liquidation, Inc. (“Company”) filed a voluntary petition under Chapter 11 of the Bankruptcy Code on May 16, 2016 – case 16-11275 (SHL) (“Bankruptcy Case”) currently pending in the Bankruptcy Court for the Southern District of New York (“Bankruptcy Court”). Development Specialists, Inc. (“DSI”) was retained to provide management and restructuring services and William A. Brandt Jr. of DSI was designated as the Chief Restructuring Officer (“CRO”). As part of the wind down of the operations and liquidation of the remaining assets, the Company is selling what is commonly referred to as the Visa/MasterCard Interchange Fee Litigation Claim (“Claim”). The Claim is the subject of continuing class action litigation related to the possible recovery of Payment Card Interchange Fees and Merchant Discount Fees. Sale Process: The Company […]
PUBLIC NOTICE OF IMPORTANT DEADLINES: GST AUTOLEATHER, INC.
NOTICE OF Deadlines FOR the FILING of (i) PROOFS OF CLAIM, including Requests for Payment pursuant to section 503(b)(9) of the Bankruptcy Code, (ii) administrative claims, and (iii) rejection damages claims THE CLAIMS BAR DATE IS January 23, 2018 THE GOVERNMENTAL CLAIMS BAR DATE IS April 2, 2018 THE ADMINISTRATIVE CLAIMS BAR DATE IS January 23, 2018 PLEASE TAKE NOTICE OF THE FOLLOWING: Deadlines for Filing Proofs of Claim and Administrative Claims Arising Prior to the Administrative Claim Deadline. On January 18, 2017, the United States Bankruptcy Court for the District of Delaware (the “Court”) entered an order [Docket No. 355] (the “Bar Date Order”) establishing certain dates by which parties holding prepetition claims against the Debtors must file (a) proofs of claim (“Proofs of Claim”), including claims by governmental units, claims arising under section 503(b)(9) of the Bankruptcy Code, and Rejection Damages Claims, and (b) requests for payment of Administrative Claims (as defined […]
PUBLIC NOTICE OF ARTICLE 9 SALE: Stock in Nelbud Services Group, Inc.
DISPOSITION OF COLLATERAL UNDER UCC ARTICLE 9 – STOCK IN NELBUD SERVICES GROUP, INC. 1. Background: Pursuant to (i) the Credit Agreement dated December 2, 2015 (as amended or otherwise modified from time to time, “Credit Agreement”), among Nelbud Services Group, Inc., a New Jersey corporation (“Company”), the parties thereto from time to time as lenders (“Lenders”), and Monroe Capital Management Advisors, LLC, as Administrative Agent for Lenders (“Agent”), (ii) the Guaranty and Collateral Agreement dated December 2, 2015 (as amended or otherwise modified from time to time, “Collateral Agreement”), among Nelbud Holdings, LLC, Nelbud Dilg LLC, Nelbud Crafton LLC, Nelbud Schaaf LLC, Nelbud Caplinger LLC (“Nelbud Pledgors”), the Company, MCDS Ventures LLC (“MCDS”), and the other parties thereto from time to time as Grantors, in favor of Agent, and (iii) the other “Loan Documents” (as defined in the Credit Agreement), the Lenders have made loans to Company that are […]
PUBLIC NOTICE OF BANKRUPTCY SALE: Precision Machining Companies in Elk Grove, IL
DSI OFFERS SALE OF ADVANCED PRECISION MANUFACTURING, INC. AND ADK ARMS, INC. 1. Background: The United States Bankruptcy Court Northern District of Illinois Eastern Division (“Court”) has ordered that Development Specialists, Inc. (“DSI”) shall serve as the Debtors’ Consultant and Sales Agent with respect to the sale under Bankruptcy Code Section 363 of substantially all of the assets of ADVANCED PRECISION MANUFACTURING INC (www.apmi.us) (“APMI”) and ADK ARMS, INC. (www.adkarms.com) (“ADK,” together with APMI, the “Debtors”). APMI is pending in the Court as Case Number 17-18961; and ADK is pending in the Court as Case Number 17-21679. Debtors are represented by the law firm of Crane, Heyman, Simon, Welch & Clar. 2. Sale Process: The deadline to bid (“Bid Deadline”) is November 3, 2017. The auction date (“Auction”) is set for November 8, 2017. These dates are pursuant to court order entered on September 12, 2017 by the Court […]
PUBLIC NOTICE OF SALE: Bankruptcy Sale of Real Estate in Chicago, IL
GREGG SZILAGYI, BANKRUPTCY TRUSTEE ANNOUNCES SALE AND OPPORTUNITY TO BID ON REAL ESTATE LOCATED AT 200 N. DEARBORN ST. & AND 1212 N. LASALLE ST. IN CHICAGO Summary: Gregg Szilagyi (“Trustee”) is the Chapter 7 Trustee in the bankruptcy case of Garvey Court Holdings, LLC, Case No. 16-01697, pending before Judge Jacqueline Cox in the Bankruptcy Court for the Northern District of Illinois. He is selling the Properties (as defined below). Assets to be Sold: The assets being sold include the following properties: Units 1C, 1D and 1E at 200 N. Dearborn, a/k/a 47th Floor Penthouse and/or Unit 4700, together with roof rights; Commercial Units C, D and E on the 7th Floor of 200 N. Dearborn Parking Units P-19, P-49 and P-90 at 200 N. Dearborn; and Parking Units 425, 460, 482, and 484 at 1212 N. LaSalle St. Collectively, these properties are referred to as the “Properties.” […]
PUBLIC NOTICE OF SALE: Young’s Appliances, Inc., of Glen Ellyn, IL
RALLY CAPITAL SERVICES ANNOUNCES RETURN OF BIDS SALE OF YOUNG’S APPLIANCES, INC., OF GLEN ELLYN, IL 1. Summary: On Friday, September 15, 2017 Howard B. Samuels, not individually, but solely as Assignee for the Benefit of Creditors (the “Assignee” or the “Seller”) of Young’s Appliances, Inc. (“Young’s” or the “Business”), intends to sell his right, title and interest in and to substantially all tangible and intangible assets (the “Assets”). 2. Background: On September 6, 2017, Howard B. Samuels, not individually but solely as Assignee for the Benefit of Creditors of the Debtor, received and accepted an Asset Purchase Agreement (“APA”) for the Assignee’s right, title and interest in and to certain Assets of the Company’s tangible and intangible operating assets and rights of any and every kind, used or usable in the Company’s business, subject to all liens, claims and encumbrances of record, as a single lot as […]
PUBLIC NOTICE OF SALE: Chapter 11 Auction of Chellino Crane
FOCALPOINT PARTNERS ANNOUNCES THE CHAPTER 11 AUCTION OF CHELLINO CRANE 1. Background: Chellino Crane, Inc. et al. (collectively, the “Debtors”), based in Joliet, Illinois, is one of the largest crane operations in the Midwest, specializing in providing full service capabilities to niche markets such as refineries, power, and chemical plants. The companies sought chapter 11 protection on May 5, 2017. The bankruptcy is pending in the United States Bankruptcy Court for the Northern District of Illinois, Eastern Division, as Case No. 17-14200. 2. Motion: On August 17, 2017, the Debtors filed an amended motion (the “Motion”) [Docket No.426]for entry of orders, among other things: (i) approving Bidding Procedures (the “Bidding Procedures”) in connection with the sale (the “Sale”) of substantially all assets owned by Debtor Chellino Crane, Inc. and all related real estate and personal property owned by Debtors (collectively, the “Purchased Assets”). 3. Order: On August 23, 2017, […]