Receive this Newsletter March 31, 2020
 

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. Public auction conducted on Thursday, April 16, 2020, at 10:30 a.m. at the New York office of Fox Rothschild LLP. See the full public notice here.
 

Free Webinar: “Top Tactics for Supporting Your Portfolio in Unsettled Times”

This webinar, co-hosted by PE Professional and Private Equity Career News will take place this Thursday. The three panelists will discuss how to guide portfolio companies facing unchartered waters during the COVID-19 crisis.

Moderated by industry verteran David Toll, the panelists will include (a) Michael Butler, chairman & CEO, Cascadia Capital, a mid-market investment bank; (b) Jonathan Friedland, partner, Sugar Felsenthal Grais & Helsinger LLP, a top M&A law firm; and (c) Bill Henrich, co-chairman, Getzler Henrich & Associates, a leading turnaround firm. To learn more and to register for the webinar, please click here.
 

Get to Know the Faces of the Corporate Restructuring Industry

It used to be common for companies in distress to hire an attorney as their sole restructuring professional. This hasn’t been the case for a long time.

A typical Chapter 11 debtor may hire more than one law firm, a financial advisory firm, an investment banking firm, and perhaps even other professionals. Other parties in interest often do the same.

Learn about the professionals of restructuring, and the associations they tend to join, by reading “Dealing with Corporate Distress 03: Welcome to the Jungle: The Animals of the Corporate Restructuring Industry.”
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. International freight services company (w/ equipment) - (22135)
  2. Technology acquisitions & holding company - (22137)
  3. Apartment complex - 3.5% LP interest - (22131)
  4. Advertising & digital media agency - (22138)
  5. Fine Autographs and Artifacts - (22136)
  6. CBD supply chain manufacturer - (21994)
  7. Commercial/retail building - 4,000 sq. ft. - (22064)
  8. Specialty building - 10,545 sq. ft. - (22063)

Private Company Sales

  1. Optical thin film coatings business - (22163)
  2. Service manufacturing business - (22161)
  3. Material handling business - (22162)
  4. Metal manufacturer - (22160)
  5. Wholesale bakery - (22164)

Assignment for the Benefit of Creditors Sales

  1. Stone countertop fabrication equipment - (22141)
  2. Commercial gutter installation company - (22144)
  3. Commercial excavating contractor - (22143)
  4. Jewelery & watch retailer - (22142)
  5. Food packaging facility - (22140)

Chapter 11 - 363 Sales

  1. Moving trucks, vans, forklifts & supplies - (22191)
  2. Land for development - Over 5 acres - (22189)
  3. Office furnishings & equipment - (22193)
  4. Global communications company - (22119)
  5. Transportation equipment - (22190)

Chapter 11 - Investment Banker Application Filed

  1. Transportation/transit services business - (22182)
  2. Industrial mineral/talc producer - (22185)
  3. Retail brands holding company - (22186)
  4. Medical helicopter company - (22184)

Chapter 11 - Case Filing Indicates Future Asset Sale

  1. Industrial trucking & logistics services company - (22180)
  2. Commercial construction consulting firm - (22179)
  3. Biotechnology company - (22178)
  4. Fitness club - (22177)

Chapter 7 - Sale of Business Assets

  1. Industrial business equipment & vehicles - (22197)
  2. Restaurant furnishings & equipment - (22197)
  3. Interest in a pending lawsuit - (22200)
  4. Four residential properties - (22198)
  5. Interest in business claims - (22195)

Chapter 12 Bankruptcy

  1. No New Deals This Week

Rating Agency Alerts/Other Signs of Distress

  1. Large compression molding press - (22153)
  2. Petroleum services company - (22150)
  3. Mining contracting company - (22151)
  4. Biopharmaceutical company - (22154)
  5. Defense technology company - (22152)

Auctions

  1. Distillery (w/inventory & equipment) - (22117)
  2. Farmland - 28.665 Surveyed Acres - (22132)
  3. Specialized Hemp CBD Equipment - (22110)
  4. Tillable land - 153 +/- Acres - (22133)
  5. Farmland - 30 acres - (22134)

Other Interesting Sales

  1. Agriculture equipment - Hay & Tillage equipment - (22126)
  2. Mall services company – 12.881% LP Interest - (22130)
  3. Collectible coins – Military medals & pins - (22124)
  4. 48± acres of cropland (w/minerals) - (22123)
  5. 330 Round Bales of 5×6 Hay - (22122)

Bulk Sales

  1. Commercial beverage license - (22146)
  2. Automotive parts supplier - (22147)
  3. Restaurant (w/equipment) - (22148)
  4. Quick retail market - (22149)
  5. Tire retailer - (22145)

Receiverships

  1. Retail Building - 10,880 sq. ft. - (22157)
  2. International clothing retailer - (22156)
  3. Office building - 9,300 sq. ft. - (22158)
  4. Oilpatch trucking company - (22155)
  5. AM Radio station - (22159)

Mass/Significant Layoffs

  1. Post-construction cleaning services company - (22176)
  2. Manufacturer of prop pulling tools - (22174)
  3. Restaurant/Food services business - (22172)
  4. Electric skateboard manufacturer - (22171)
  5. Film & television studio - (22173)
  6. Seafood distributor - (22175)

Plant/Facility Closings

  1. Manufacturer of aircraft electrical connectors - (22168)
  2. Commercial dealer - used barrels & drums - (22170)
  3. Veterinary pharmaceutical company - (22165)
  4. Automotive body parts supplier - (20748)
  5. Brewery/beverage producer - (22169)
  6. Food processing company - (22166)
  7. Mirror manufacturer - (22167)
View All Deals on DailyDac.com


 
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