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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 363 SALE: Allied Healthcare Products
NOTICE OF 363 BANKRUPTCY SALE Allied Healthcare Products is a legendary medical equipment company with entrenched placements in a significant portion of all major medical products purchasers throughout the world. The company was formed through a combination of leading medical product companies and formerly had annual sales exceeding $100 million. Due to a series of events, including canceled orders of ventilators during the pandemic, the company is selling all of its customer placements, patents and trademarks, manufacturing know-how, equipment, and other assets in a 363-bankruptcy(click on link to access all publicly filed bankruptcy documents) auction on or about mid-to-late June subject to Bankruptcy court approval. The company has obtained initial bids for the St. Louis brands and assets and the New York CO2 absorbent brands and assets of $4.5M and $3.15M (in addition to AR), respectively from Flexicare Ltd, an international medical products company through two heavily negotiated stalking horse Asset Purchase Agreements(APAs) available for review. We are currently […]
PUBLIC NOTICE OF UCC SALE: 7 Campus NJ, LLC
UCC Public Sale Notice Please take notice that Hilco Real Estate, on behalf of IRP Fund II Trust 1B (or any successor thereto, the “Secured Party”), offers for sale at public auction under Article 9 of the Uniform Commercial Code, to be held virtually on August 8, 2023 at 11 a.m. Eastern Time, 100% of the limited liability company membership interests (the “Interests”) in 7 Campus NJ, LLC (the “Borrower”) pledged by 7 Campus NJ Members, LLC (the “Member”) to Secured Party. The Borrower is the owner of a 3-story office located at 7 Campus Drive, Parsippany-Troy Hills Township, Morris County, New Jersey, as well as related real and personal property interests (collectively, the “Property”). The Secured Party holds a loan to the Borrower secured by, among other things, a first priority lien on the Interests pledged by the Member. The Secured Party is offering the Interests for sale in […]
Commercial Receivers Association and the DailyDAC Partner to Bring Receivership 101 Series
The Commercial Receivers Association (CRA) and DailyDAC (Distressed Asset Central) have partnered to develop the Receivership 101 Video Series to build more awareness and understanding of the receivership space.
Commercial Receivers Association Welcomes Three New State Directors – Richard Arbuckle, Marc Miceli, and David Payne
As the CRA ushers in its second year, it is pleased to announce the appointment of three new State Directors – Richard Arbuckle, Marc D. Miceli, and David Payne.
PUBLIC NOTICE OF 363 Sale: Dealer Products, Inc.
Chapter 11 Bankruptcy – 363 Sales Dealer Products, Inc. www.dealpro.com, www.cliphouse.com, a B2B distributor of auto hardware, top brand shop supplies & highly coveted proprietary performance chemicals & other automotive products to auto dealerships, body shops & collision repair shops, primarily throughout TX & OK via route in person sales model. Telemarketing & online DBA division distributes such products across the US & internationally. Chapter 11 Bankruptcy Sale. In re Dealer Products, Inc. Case number 22-41970-11. A motion to sell substantially all assets was filed on March 3, 2023, in the Northern District of Texas, Fort Worth division and subject to amendment. Debtor’s address 1122 W Carrier Parkway, Grand Prairie, TX 75050. All interested parties should carefully read the Bidding Procedures Order and the Bidding Procedures. Copies of the Bidding Procedures Order and the Bidding Procedures are available upon request to the Debtor’s counsel, M. Jermaine Watson, Esq., Cantey Hanger, […]
PUBLIC NOTICE OF ARTICLE 9 UCC SALE: Membership Interests in 5218 Property LLC, Centennial Plaza Prop LLC, and IMARC Properties, L.L.C.
NOTICE OF SECURED PARTY’S PUBLIC SALE OF MEMBERSHIP INTERESTS IN EACH OF (1) 5218 PROPERTY LLC, (2) CENTENNIAL PLAZA PROP LLC, AND (3) IMARC PROPERTIES, L.L.C. UNDER ARTICLE 9 OF THE UNIFORM COMMERCIAL CODE Underlying Real Property: 2 Class A Office Buildings 1 Centennial Plaza, Piscataway & 5218 Atlantic Ave. Mays Landing NJ. PLEASE TAKE NOTICE that on April 25, 2023, starting at 11:00 a.m. Eastern Time, Auction Advisors, as Auctioneer, on behalf of RL Atlantic Cent LLC, a Florida limited liability company (“Secured Party”), will offer for sale at a public auction under the Uniform Commercial Code, certain limited liability company membership interests in each of the following limited liability companies: 5218 Property LLC, a New Jersey limited liability company (“5218 Property”); Centennial Plaza Prop LLC, a Delaware limited liability company (“Centennial”); and IMARC Properties, L.L.C., a Florida limited liability company (“IMARC”). Ira Russack (“Russack”) is the current owner […]
PUBLIC NOTICE OF SECURED PARTY SALE: Sand Shack, LLC
NOTICE OF PUBLIC SALE (NOTIFICATION OF DISPOSITION OF COLLATERAL) NOTICE IS HEREBY GIVEN THAT, pursuant to Section 9-610 of the Uniform Commercial Code as adopted in the State of New York and any other applicable jurisdictions, and any other applicable law, Hilldun Corporation (the “Secured Party”) will offer for sale to the public, by public auction (the “Auction”), substantially all of the assets (excluding equipment, inventory, and property leased from third parties) of SAND SHACK LLC, a Delaware limited liability company (the “Debtor”), including, without limitation, the Debtor’s right, title, and interest in and to all accounts, intellectual property (including, without limitation, designs, logos, trademarks, trade names, internet domain names, email accounts, social media accounts, and customer lists), general intangibles, instruments, documents, contract rights, and chattel paper (collectively, the “Assets“). The Debtor has granted a security interest in all of the Assets to the Secured Party to secure Debtor’s obligations to the […]
PUBLIC NOTICE OF UCC SALE: Carlson Wireless Technologies Inc
NOTICE OF PUBLIC SALE OF PERSONAL PROPERTY ASSETS OF CARLSON WIRELESS TECHNOLOGIES INC, UNDER THE UNIFORM COMMERCIAL CODE PLEASE TAKE NOTICE THAT on April 11, 2023, at the hour of 10:00 a.m., Pacific Daylight Time, Mr. Ian Cruise, as successor secured creditor (“Secured Creditor”) of Carlson Wireless Technologies Inc. (“Borrower”), will hold a public foreclosure sale via Zoom under Section 9-610 of the Uniform Commercial Code as adopted in California from time to time (“UCC”), of all of the personal property collateral pledged to Secured Creditor under the parties’ Loan and Security Agreement, as amended (“Collateral”). The Borrower is in the business of TV White Space technology, providing broadband data to remote areas via the unused parts of the UHF TV spectrum. The Collateral includes, without limitation: All of Borrower’s: (i) accounts, contract rights, general intangibles, chattel paper, documents and instruments as such terms are defined in the UCC, including, […]
PUBLIC NOTICE OF CHAPTER 11 SALE: Blank Label Group, Inc
IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re BLANK LABEL GROUP, INC., et al., Debtors. Chapter 11 Case No. 23-10286 (JTD) Jointly Administered NOTICE OF SALE, BIDDING PROCEDURES, POTENTIAL AUCTION, AND SALE HEARING PLEASE TAKE NOTICE that, on March 8, 2023 (the “Petition Date”), the above-captioned debtors and debtors in possession (collectively, the “Debtors”) each filed a voluntary petition for relief, electing to proceed under Subchapter V of chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Court”), commencing these chapter 11 cases (the “Chapter 11 Cases”). PLEASE TAKE FURTHER NOTICE that, on March 9, 2023, the Debtors filed a motion [D.I. 10] (the “Bidding Procedures Motion”) seeking entry of (a) an order (the “Bidding Procedures Order”), (i) authorizing and approving bidding procedures (the “Bidding Procedures”) in connection with […]
Commercial Receivers Association Continues Rapid Growth with Launches in DC, Philadelphia, and New York this Week
The Commercial Receivers Association continues to grow rapidly with launches in DC, Philadelphia, and New York this week.