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January 14, 2020
 

Public Notice of Bankruptcy Court - Ordered Auction

AuctionAdvisors has been engaged to sell the assets of Provision Supply, Envision Eye Care and Envision Optics, a contact lens & eyewear retailer with two stores and a strong e-commerce business. The Auction will be held January 29 with a buyer qualification deadline of January 24. For more information, click here.
 

Public Notice of Assignee Auction

Substantially all the assets of M&M Pump & Supply, Inc. (“M&M”) will be sold by Assignee Howard Samuels of Rally Capital on January 31 at 2:00 pm, CST. Stalking Horse Bidder, a related third party, has submitted an Asset Purchase Agreement to pay $2,599,618.33 plus the assumption of certain of M&M’s obligations plus all interim advances advanced by the Stalking Horse Bidder to operate the business from January 9, 2020 through the Auction Date. For more information click here.
 

The Nuts & Bolts of a 363 Motion

If you are considering buying companies or assets of companies that are in bankruptcy, then you may (should be) familiar with the term “363 sale.” You can’t (well, at least shouldn’t) try to do such a deal without the help of an experienced attorney. Still, you cannot (at least should not) simply rely on any attorney to get any deal done. You need to be involved, and to be involved you need to understand the basics. This one-hour webinar will help you understand the basics of a 363 sale.
About the Opportunistic Deal Database
Vulture Investors Take Note:

Looking to buy companies out of bankruptcy? Assets of financially distressed companies in receivership, assignment or from lenders who have foreclosed on, and are selling, their collateral under Article 9 of the UCC? Search for excess assets resulting from plant closings? Targeting other sellers who need to sell urgently and other opportunistic/special situations?

Check out DailyDAC's Opportunistic Deal Database (ODD). The ODD culls such opportunities.

Subscribe here for access
The deals listed here were added to the ODD throughout the seven day period ending this past Sunday. The number in parentheses next to each deal is its unique ID number, included so our paid subscribers can easily find these deals on our website.

Secured Party Sales

  1. Late-model pulp processing equipment - (20796)
  2. Food service equipment & supplies - (20800)
  3. Multi-Tenant Commercial Building - (20798)
  4. Three taxi medallions - (20799)
  5. Ice cream equipment - (20797)

Private Company Sales

  1. Engineering & Industrial Management Business - (20808)
  2. Industrial Consumable Product Manufacturer - (20807)
  3. Large HVAC & Refrigeration Service Company - (20804)
  4. Industrial equipment manufacturer - (20805)
  5. Industrial service business - (20806)

Assignment for the Benefit of Creditors Sales

  1. Consumer credit counseling business - (20818)
  2. Food service equipment & supplies - (20814)
  3. Whole foods distributor - (20816)
  4. Online winery portal - (20815)

Chapter 11 - 363 Sales

  1. Media & entertainment services provider - (20836)
  2. Investment services business - (20834)
  3. Property management company - (20835)
  4. Chain of fitness centers - (20837)
  5. Ship repair business - (20833)

Chapter 11 - Investment Banker Application Filed

  1. Independent branded personal care company - (20832)
  2. Veterinary care provider - (20831)
  3. Financial holding company - (20830)

Chapter 11 - Case Filing Indicates Future Asset Sale

  1. No New Deals This Week

Chapter 7 - Sale of Business Assets

  1. Remnant assets - Data communications company - (20842)
  2. Pharmacy & giftware retailer - (20840)
  3. Wireless services company - (20838)
  4. Moving supply company - (20839)

Chapter 12 Bankruptcy

  1. No New Deals This Week

Going Concern Opinions

  1. Specialty retailer - (20829)
  2. Investment company - (20825)
  3. Software developer - (20827)

Auctions

  1. Equipment & industrial tools - Multiple lots - (20813)
  2. Industrial/laser equipment - Multiple lots - (20810)
  3. Industrial/printing equipment - (20809)
  4. Factory automation parts - (20811)
  5. New car & truck parts - (20812)

Other Interesting Sales

  1. Oil & gas exploration company - (20486)
  2. Biopharmaceutical company - (20482)
  3. Ceramics proppant supplier - (20481)
  4. Financial services company - (20483)
  5. Medical device company - (20485)

Bulk Sales

  1. Commercial beverage license - (20819)
  2. Beverage/spirits retailer - (20823)
  3. Franchised restaurant - (20820)
  4. Beverage license - (20821)
  5. Day care center - (20822)

Receiverships

  1. Portfolio of debt settlement accounts - (20709)
  2. Industrial & shop equipment - (20803)
  3. Internet traffic exchange - (20802)
  4. Pecan producer - (20801)

Mass/Significant Layoffs

  1. Transportation services company - (20790)
  2. Credit card processing company - (20788)
  3. Airplane parts supplier - (20789)
  4. Truck assembly plant - (20787)
  5. Pizza franchise - (20785)

Plant/Facility Closings

  1. Producer of LED safety lighting - (20793)
  2. Textile manufacturing plant - (20794)
  3. Mass baking facility - (20786)
  4. Automotive supplier - (20795)
  5. Blow molding plant - (20791)
View All Deals on DailyDac.com


 
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