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Public Notices
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.
PUBLIC NOTICE OF ABC ASSET SALE: Lake Street Landscape Supply, LLC
PUBLIC NOTICE OF ASSET SALE: Lake Street Landscape Supply, LLC – June 2nd-12th Matthew Brash of Newpoint Advisors Corporation, not individually, but solely as assignee (“Assignee”) for the benefit of creditors of Lake Street Landscape Supply, LLC (“Lake Street”), a sustainable landscape materials, supplies, tools and machinery company, announces the public sale of Lake Street’s assets (“Assets”). 1. Dates and Location of Sale. The Assets will be sold at Lake Street (1810 W. Lake Street, Chicago, Illinois 60612) June 2, 2020-June 12, 2020 (8am-1pm) or by appointment only. 2. More info about the Assets. The Assets include all of the Assignee’s right, title and interest in and to all of its assets whether tangible or intangible, real or personal or mixed, owned or leased (including indirect and other forms of benefit interest) wherever located and by whomever possessed including but not limited to: Landscaping materials Landscaping tools Landscaping machinery Specialty […]
PUBLIC NOTICE OF ABC SALE: Nationally Branded Destination Management Company
Notice of Asset Sale By order of Assignee for the Benefit of Creditors Insolvency Services Group, Inc. This nationally branded destination management company (name confidential, hereafter “DMC”) was a leading, rapidly growing, nationally branded destination services management company that planned and organized over 1,700 events, corporate meetings and excursions annually for a variety of high-profile customers including MGM, Wells Fargo, AT&T and many others. DMC has been listed as a top 25 DMC nationally by Special Events Magazine for each of the last 13 years. DMC has 16 offices across the country, consisting of both company-owned and operated and licensed affiliate offices. On Monday May 4, 2020 DMC laid off nearly all of its employees and on Friday May 8, 2020 executed a General Assignment for the benefit of creditors in favor of Insolvency Services Group, Inc.
PUBLIC ANNOUNCEMENT: Keen-Summit Capital Partners LLC Hires Jennifer Meyerowitz
ATLANTA (June 1, 2020) – Keen-Summit Capital Partners LLC (Keen-Summit) is pleased to announce the expansion of its presence in the Southeast with the formal addition of Jennifer Meyerowitz to Keen-Summit’s team. Ms. Meyerowitz, a senior bankruptcy, turnaround and restructuring professional, will be based in the firm’s Atlanta office. Ms. Meyerowitz brings Keen-Summit over 20 years of restructuring and bankruptcy experience. Prior to joining Keen-Summit, Ms. Meyerowitz was a managing director at Keen-Summit’s partner, Summit Investment Management (Denver). “We are so excited to have Jennifer join our group and expand our network, expertise and capabilities. Jennifer is the consummate professional,” said Harold Bordwin, Keen-Summit’s Managing Director and Co-Principal. Prior to that, Ms. Meyerowitz led the Bankruptcy and Restructuring Practice Group at Garden City Group (GCG), managing both the sales and operations teams. Before she joined GCG, Ms. Meyerowitz served in operations, business development, consulting and other leadership roles, including as […]
PUBLIC NOTICE OF 363 SALE: Massachusetts Coastal Railroad LLC
AUCTION SALE OF MASSACHUSETTS COASTAL RAILROAD LLC NOTICE IS HEREBY GIVEN that William A. Brandt, Jr. of Development Specialists, Inc. (“DSI”), as chapter 11 Trustee of San Luis & Rio Grande Railroad, Inc. (“SLRG”) is selling SLRG’s 100% Membership Interest in its wholly-owned subsidiary Massachusetts Coastal Railroad LLC (“Mass Coastal”), a 99-mile short line railroad operating on and near Cape Cod, MA, which currently provides freight rail services primarily for various industrial commodities and the haulage of municipal waste. The Membership Interest will be sold free and clear of all liens, claims, rights, interests, and encumbrances whatsoever. Mass Coastal’s assets and liabilities shall remain unaffected by the sale of the Membership Interest, as the Successful Bidder is essentially buying the stock of Mass Coastal. The Trustee anticipates selling the Membership Interest in Mass Coastal pending approval of Bidding Procedures filed in the chapter 11 bankruptcy of San Luis & Rio […]
PUBLIC NOTICE OF SECURED PARTY PUBLIC AUCTION: Alex Toys and Poof Slinky
Notice of secured party sale of substantially all the assets of iconic toy brands, Alex Toys, LLC and Poof Slinky, LLC, to be held May 12th at the Ellenoff Grossman & Schole LLP.
PUBLIC NOTICE OF SALE OF ASSETS: Calumet Abrasives Co.
NOTICE OF PUBLIC SALE ON MAY 13TH ASSETS OF CALUMET ABRASIVES CO., INC. 1. What is for sale? Certain items of machinery and equipment belonging to Debtor (defined below) and used in the manufacture of industrial abrasive cutting and grinding products (the “Collateral”). The Collateral includes, without limitation, molding presses, mixing equipment, testing equipment and support items. 2. Who is the Debtor? Calumet Abrasives Co., Inc., an Indiana corporation (“Debtor”). 3. Who is selling the Collateral? First Midwest Bank, an Illinois banking corporation (“Creditor”), as the holder and owner of certain credit agreements (including, but not limited to, certain business loan agreements, promissory notes, security agreements and other collateral documents) evidencing indebtedness, and securing payment thereof, owed by Debtor to Creditor. 4. When and where is the sale? The sale will be held on May 13, 2020 at 2:00 p.m. and will be conducted remotely using a call-in phone number […]
PUBLIC NOTICE OF AUCTION: Specialized Hemp CBD Equipment
One Day Auction: Large-Scale, Specialized Hemp CBD Equipment Sale Unique opportunity to purchase like-new, state of the art equipment required for all facets of hemp cannabidiol (“CBD”) farming, drying, and extraction: Proprietary Engineering Designs & State of the Art Equipment Drying Facility: designed and built as solid-state radio frequency (RF) technology, capable of drying 60,000 lbs. of hemp per day. Extraction Facility: designed to provide a pure organic alcohol extraction process, utilizing continuous flow and countercurrent technologies and capable of processing 10,000 lbs. of biomass throughput per day. AUCTION DETAILS: Public auction conducted on Thursday, April 16, 2020, at 10:30 a.m. (Eastern Standard Time) at the office of Fox Rothschild LLP, 101 Park Ave., 17th Floor, New York, NY 10178. Interested parties can also phone into the auction using a dial-in code that will be distributed prior to the sale date. Please contact Robert W. Glantz, Esq., Fox Rothschild LLP, […]
PUBLIC NOTICE OF ASSET SALE: The Education Insurance Corporation
Public Notice of Asset Sale: Intellectual property & Assets of The Education Insurance Corporation DSI ABCs LLC (“DSI”), as assignee (the “Assignee”) for the benefit of creditors of The Education Insurance Corporation, an insurance technology company, announces the public sale of EIC’s intellectual property and substantially all its other the assets (the “Auction Assets”). All bids must be received by no later than 5:00 pm (prevailing Central time) on March 4, 2020. Location: An auction will be held on March 6, 2020. Only qualified competing bidders will be permitted to attend the auction. The auction will take place at DSI’s office at 10 South LaSalle Street, Suite 3300, Chicago, IL 60603. Seller: Assignee. About the Education Insurance Corporation and Assets to be Sold: EIC is a Delaware corporation headquartered in Stamford, Connecticut. EIC was formed with the goal of developing a new insurance product which would enable colleges and universities […]
PUBLIC NOTICE OF ARTICLE 9 AUCTION: Patriot Finance, LLC
NOTICE OF PUBLIC UCC ARTICLE 9 FORECLOSURE AUCTION Consumer Installment Loans and Other Personal Property of PATRIOT FINANCE, LLC PLEASE TAKE NOTICE that on February 28, 2020, at 11:00 a.m., Atlanta, Georgia time, at the offices of Holland & Knight LLP, 1180 West Peachtree Street NW, Atlanta GA 30309, a public sale shall be conducted of the personal and fixture property, whether previously, now or hereafter, securing the obligations of Patriot Finance, LLC (the “Borrower”) to Congressional Bank (the “Secured Party”). A detail of such collateral subject to the Secured Party’s February 28, 2020 foreclosure sale (the “Collateral”) is available at the link below. View Exhibit A This sale is being held to enforce the rights of the Secured Party. The Collateral will be sold to the highest qualified bidder for cash, or the credit against outstanding indebtedness held by the Secured Party or for which the Secured Party is […]
PUBLIC NOTICE OF CHAPTER 11 AUCTION: 38+ Acres on Las Vegas Strip
Bankruptcy Auction: 38.56 +/- Acres Directly on the Las Vegas Strip, Across from Mandalay Bay Keen-Summit Capital Partners LLC and Colliers International (collectively, “Brokers”), on behalf of Kavita Gupta, the Chapter 11 Trustee (“Trustee”) for the estates of Desert Land, LLC, Desert Oasis Apartments, LLC and Desert Oasis Investments, LLC (“Estates”), announce the sale of 38+ acre, world-class property, located directly on The Las Vegas Strip, across from Mandalay Bay. This is truly a once-in-a-lifetime development opportunity and is the most significant development site available on The Strip. The property is located in a Qualified Opportunity Zone and is perfect for a resort, gaming, retail, restaurant, entertainment, among various other potential uses. The property is being offered in whole or in parts. The Auction date is May 19, 2020, with a bid deadline of April 30, 2020. Stalking horse offers will be considered. All offers will be reviewed and considered […]