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 SALE UNDER ARTICLE 9 OF THE UCC OF COLLATERAL ASSETS INVOLVING SPRING MARKETPLACE, INC Certain assets of Spring Marketplace, Inc. (the “Company”) described below (the “Assets”) are to be auctioned at a public sale under UCC Article 9 by the secured lender Hoban Road Ventures LLC. The Assets consist of substantially all of the personal property of the Company, including the Company’s technology platform, which enables payment connected marketing and rewards solutions for merchants, and certain intellectual property. The time and place for the auction shall be as follows. Time: August 26, 2019, at 10:00 a.m. PT. Place: Offices of Sheppard Mullin, 333 South Hope Street, 43rd Floor, Los Angeles, CA 90071-1422, Attn: Ted Cohen (213 617 4237), counsel to the secured lender. Additional information may be gained by contacting Bruce Mitchell at (415) 525-2854 or [email protected] on or before August 19, including certain auction participation procedures and how […]
Chapter 7 Trustee Alex D. Moglia announces the auction of Outboard Marine Corporation’s 100% equity interest in OMC Outboard Marine France. Bid deadline August 30th.
NOTICE OF PUBLIC SALE UNDER ARTICLE 9 OF THE UCC OF COLLATERAL INVOLVING FORTE AUTOMATION SYSTEMS, INC. 1. Executive Summary. This is a public notice regarding the public sale (the “Auction”) to the highest bidder of the collateral (the “Assets”) described in #6 below. The public sale will be held on July 31, 2019, 12:00 p.m. CST by the secured lender (“Secured Party”) who has a duly perfected first-priority secured creditor with respect to all present and future debts, obligations and liabilities of Forte Automation Systems, Inc. (the “Debtor”). 2. Loan Agreement. The Secured Party’s rights arose pursuant to that Loan Agreement dated as of May 14, 2014 (as amended, supplemented, or otherwise modified from time to time, the “Loan Agreement”) and the security interests granted by the Security Agreement dated May 14, 2014, by Debtor to Secured Party and the security interests granted by that Patent Security Agreement dated […]
NOTICE OF BID PROCEDURES, AUCTION DATE AND SALE HEARING. PLEASE TAKE NOTICE THAT: 1. On May 29, 2019, American Home Products LLC (the “Debtor”) filed the Motion of Debtor for Entry of (I) an Order (A) Authorizing and Approving Bid Procedures in Connection with the Sale of Substantially All of the Debtor’s Assets; (B) Scheduling an Auction and Sale Hearing; (C) Approving the Manner and Form of Notice of the Auction and Sale Hearing; and (D) Granting Related Relief (the “Bid Procedures Motion”); and (II) an Order (A) Approving the Sale of Substantially All of the Debtor’s Assets Free And Clear of All Interests; (B) Authorizing the Assumption and Assignment of Certain Executory Contracts and Unexpired Leases; and (C) Granting Related Relief [Docket No. 22] (the “Sale Motion”; together with the Bid Procedures Motion, the “Motion”) with the United States Bankruptcy Court for the Northern District of Georgia (the “Bankruptcy […]
NOTICE OF BID PROCEDURES, AUCTION DATE AND SALE HEARING. PLEASE TAKE NOTICE THAT: 1. On May 19, 2019, the above-captioned debtors and debtors in possession (the “Debtors”) filed the Debtors’ Motion for Entry of Orders (I)(A) Approving Bid Procedures Relating to the Sale of Substantially all the Assets of Empire Generating Co, LLC, or Interests in Empire Gen Holdings, LLC, (B) Establishing Procedures in Connection with the Assumption or Assumption and Assignment of Certain Executory Contracts and Unexpired Leases, (C) Approving Notice Procedures, (D) Approving Stalking Horse Bid Protections, and (E) Granting Related Relief (the “Bid Procedures Motion”);1 and (II)(A) Authorizing the Sale of Substantially all the Assets of Empire Generating Co, LLC, or Interests in Empire Gen Holdings, LLC, Free and Clear of Liens, Claims, Encumbrances, and Other Interests; (B) Approving the Assumption of Certain Executory Contracts and Unexpired Leases Related Thereto; and (C) Granting Related Relief [Docket No. […]
Perfect Brow Art, Inc and its affiliated entities (the “Company”), the largest eyebrow threading retailer in the United States, with 169 company-owned and franchised stores, $23.7 million in revenues and $2.7 million in Adjusted EBITDA (in 2018, adjusted for closed stores and non-recurring professional fees), is selling substantially all of its assets (the “Assets”) pursuant to section 363 of the Bankruptcy Code. On June 10, 2019, the United States Bankruptcy Court for the Northern District of Illinois, in the Company’s bankruptcy case, Case No. 19-0811 (jointly administered), entered a Bidding Procedures Order and set (i) June 24, 2019 at 5:00 p.m. (Central Time) (the “Bid Deadline”) as the deadline to submit offers; (ii) June 28, 2019 at 10:00 a.m. (Central Time) as the date of the Auction (the “Auction Date”); and (iii) July 2, 2019 at 1:00 p.m. (Central Time) as the date of the Sale Hearing. Copies of the […]
Notice of Public Sale NOTICE IS HEREBY GIVEN that on Tuesday, July 9, 2019, at 10:00 a.m. (Eastern Daylight Time) (the “Date of Sale”) at the offices of Schulte Roth & Zabel LLP, 919 Third Avenue, New York, New York 10022, the secured party, North Channel Bank GmbH & Co. KG (“Seller”), pursuant to (a) Section 9-610 et seq. of the Revised Uniform Commercial Code as adopted in New York and other applicable law; and (b)(i) that certain Loan Agreement dated March 24, 2016 between the Seller, as lender, and Trillium, Inc., as borrower (“Debtor”), (ii) that certain Collateral Pledge Agreement dated March 24, 2016 by the Debtor in favor of Seller and (iii) any other documents respecting loans made to the Debtor from Seller (including all addenda, amendments and collateral documents related thereto), will hold a public sale to offer for sale all of the Debtor’s privileges, right, title […]
Want to Own a College Campus? Keen-Summit Capital Partners LLC (“Special Real Estate Advisor”) and TPW Real Estate LLC (“Broker”), have been jointly engaged by Southern Vermont College as exclusive advisors for the sale of its real estate holdings in Bennington, VT including the Southern Vermont College Campus, SVC Gate House and SVC Art Center. For more info visit the Keen-Summit Projects Page and/or view the PDF’s below. Supporting PDFs: Information Memorandum Campus Flyer
1. Executive Summary. On May 8, 2019, Modagrafics, Inc., an Illinois corporation located at 5300 Newport Rd., Rolling Meadows, IL (“Modagrafics”) initiated an Assignment for the Benefit of Creditors by delivering a signed Trust Agreement and Assignment for the Benefit of Creditors (“Assignment”) to Howard B. Samuels, not individually, but solely as Assignee (“Assignee”). The Assignee, together with Modagrafic’s senior secured creditor (“Lender,” together with the Assignee, the “Sellers”), shall hold a joint public auction (“Auction”) in accordance with the Uniform Commercial Code (as adopted under Illinois law) and other applicable law (“Joint Sale”) of substantially all assets of Modagrafics (collectively the “Sale Assets”), as further described below. Modagrafics, was established in 1973 as an innovative provider of one-source visual marketing programs to its clients. Beginning with design and engineering through production, fulfillment and installation. Modagrafics has since became one of the largest manufacturers of digital printing for fleet graphics. […]
NOTICE OF PUBLIC SALE BY TRUSTEE/ASSIGNEE Sale of Assets: On May 16, 2019 ( at 11:00 a.m. (CDT) at the offices of Commercial Recovery Associates, LLC at: 205 W. Wacker Drive, Suite 1818, Chicago, Illinois 60606, Robert P. Handler, not individually, but solely as Trustee/Assignee (the “Seller”) for the Benefit of Creditors of The Roy Houff Company LLC and for the Benefit of Creditors of SJR Enterprises, LLC (collectively the “Company”) intends to sell at a public sale to the highest and best bidder (“Auction”) all of Seller’s right, title and interest in and to certain assets of the Company consisting of commercial delivery vehicles (collectively, the “Sale Assets”). The Sale Assets may be sold in bulk or by lot (the “Sale Lots”). Stalking Horse Offer and Terms and Conditions of Competing Bids: The Seller has received a written offer (“Purchase Offer”) for the Sale Assets in the amount of […]