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 June 9, 2020
 

UCC Article 9 Auction - June 19

Steve Jakubowski, Attorney for Secured Party Bradford Allen Funding LLC, announces sale of 100% of the legal and beneficial limited liability company interests in Riverfront Crossing Hospitality Owner, LLC. For more information, including on how to bid, click here.
 

ABC Auction - June 23

Howard Samuels as assignee for the benefit of creditors announces sale of substantially all the assets of Arlington Plating Company. For more information, including on how to bid, click here.
 

ABC Auction - June 2-12

Matthew Brash, as assignee, is selling the assets of Lake Street Landscape Supply, LLC. For more information, including on how to buy, click here.
 

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The Numbers Don’t Lie: How to Read Your Debtor’s Balance Sheet with a Heedful Eye

If you’re planning on investing in a distressed company, or you’re a lender deciding whether or not to provide credit to a company, you’ll become well acquainted with that company’s balance sheet. But evaluating a company’s balance sheet is more than comparing assets to liabilities. Behind the numbers is hidden information about asset collateral value, diversity of customers and more. Learn more by reading “Finding Truth in a Debtor’s Balance Sheet: Analyzing Assets, Liabilities, and Equity.”
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.

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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.
Private Equity Career News (PECN) Book

Secured Party Sales

  1. Commercial real estate for development - 7,812 Sq. Ft. - (23520)
  2. Former electric utility company (w/equipment) - (23521)
  3. Commercial real estate - Zoned for retail - (23517)
  4. Motorcycles/Trucks, Guns & Collectibles - (23522)
  5. Full-service restaurant (w/equipment) - (23523)
  6. Vacant land - 5,227 sq ft lot - (23519)

Private Company Sales

  1. Manufacturer of product line & steel sheet goods - (23565)
  2. Cast aluminum mold manufacturer - (23569)
  3. Industrial products distributor - (23568)
  4. Metal product manufacturer - (23566)
  5. Precision metal fabricator - (23573)
  6. 34 year old machine shop - (23572)
  7. Precision machine shop - (23571)
  8. Sheet metal shop - (23570)

Assignment for the Benefit of Creditors Sales

  1. Commercial construction stucco & stone contractor - (23524)
  2. Destination management company - National brand - (23548)
  3. Landscaping & urban agriculture supplier - (23547)
  4. Farmland - Tax Lot - (23525)

Chapter 11 - 363 Sales

  1. Miscellaneous assets - Entertainment services co. - (23621)
  2. Auction house (w/intellectual property) - (23504)
  3. Specialty foods wholesaler/retailer - (23629)
  4. Natural gas acquisitions company - (23623)
  5. Land management company - (23625)
  6. Plant nursery business - (23627)
  7. Helicopter charter co. - (23631)
  8. Concession business - (23619)

Chapter 11 - Investment Banker Application Filed

  1. No New Deals This Week

Chapter 11 - Case Filing Indicates Future Asset Sale

  1. Environmental services company - (23509)
  2. Logistics & trucking company - (23507)

Chapter 7 - Sale of Business Assets

  1. Real estate & financial holding company - (23603)
  2. Aircraft & aviation services company - (23607)
  3. Medical technology services provider - (23604)
  4. Business intellectual property - (23609)
  5. Industrial parts manufacturer - (23602)
  6. Beef producer (w/real estate) - (23605)
  7. Construction company - (23600)

Chapter 12 Bankruptcy

  1. Farmland - 8 acres - (23598)

iGlobal Event - Independent Sponsors and Capital providers Dealmakers Meeting (June 24th)

Rating Agency Alerts/Other Signs of Distress

  1. Women's multi-brand lifestyle platform - (23557)
  2. Developer of fabricated Smart Surfaces - (23554)
  3. Commercial printing company - (23555)
  4. Blockchain company - (23556)

Auctions

  1. Industrial sprayers & shop equipment - Multiple lots - (23578)
  2. Farm machinery, tools & equipment - Multiple lots - (23575)
  3. Broadcast video company (w/equipment) - (23505)
  4. Vehicles, farm machinery & trailers - (23574)
  5. Woodworking & industrial equipment - (23577)
  6. Collectibles & farm machinery - (23576)

Other Interesting Sales

  1. Overriding Royalty Interest (ORRI) package - 22 oil wells - (23560)
  2. Three oil leases - Overriding royalty interest - (23564)
  3. 61 gas wells - Working interest package - (23559)
  4. Commercial salt water disposal package - (23561)
  5. HBP leasehold package - (23562)

Bulk Sales

  1. Retail fixtures & equipment - Multiple lots - (23553)
  2. Fast food restaurant (w/equipment) - (23552)
  3. Coin operated laundry business - (23550)
  4. Automotive detailing business - (23551)
  5. Commercial beverage license - (23549)

Receiverships

  1. Open & operating gas station (w/retail store) - (23535)
  2. Restaurant/retail building - 1,029 sq. ft. - (23528)
  3. Apartment building - 128 units - (23527)
  4. Multi-unit apartment building - (23526)
  5. Strip center with 5 units - (23540)

Mass/Significant Layoffs

  1. Plastic fabrication company - (23580)
  2. Luxury boutique hotel - (23583)
  3. Hotel/resort center - (23584)
  4. Automotive retailer - (23581)
  5. Restaurant chain - (23582)
  6. Luxury hotel - (23579)

Plant/Facility Closings

  1. Manufacturer & supplier of electric motors - (23593)
  2. Manufacturer of metal food packaging - (23589)
  3. Manufacturer of electronic components - (23585)
  4. Higher education services provider - (23586)
  5. Automotive accessories retailer - (23587)
  6. Transportation brakes company - (23591)
  7. Financial services company - (23590)
  8. Railroad yard - (23592)
View All Deals on DailyDac.com


 
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