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Holland & Knight LLP (Brian Smith and David C.
Schulte), counsel for secured party, announces a
public UCC Article 9 foreclosure auction of accounts
receivable and other personal property of Blitz
Energy Services, LLC. Bid qualification deadline is
July 21; auction is July 24. See full notice here. |
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Reed Smith (Scott M. Esterbrook), counsel for
secured party, announces a public auction to be held
on July 23, 2020 for certain equity interests held
by Coastal Development, LLC in STOF Revenue Stream
Holdco LLC. Such equity interests relate to certain
non-gaming revenue generated by U.S. Casinos from
and by Power Plant Entertainment, LLC. See full notice here. |
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While these two doctrines have similar outcomes,
their underlying purposes differ and precise results
differ. While one doctrine evaluates the existence
of a debt, the other evaluates the creditor’s
conduct of the holder of debt. Learn more in “90 Second Lesson: What Is the
Difference Between Recharacterization and
Equitable Subordination?" |
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Do you want to see hard-to-find information about
distressed company asset sales? The DailyDAC ODD
Research Team culls thousands of newspapers, court
dockets, government databases, and other little-know
resources - daily - to bring a small, limited group
of subscribers information about current and future
opportunities. There is nothing else like it. Click here for more info. |
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
- Commercial
Real Estate, Trucks, &
Equipment - (24001)
- Commercial
office building - 1,000 sq. ft.
- (24003)
- 59.7
Acres - Commercial development
land - (24002)
- Retailer
of riding apparel - (24004)
- Energy
services provider - (24000)
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Private
Company Sales
- Electronic
motor manufacturing company -
(24005)
- Manufacturer
of farming equipment - (24008)
- Industrial
equipment manufacturer - (24010)
- Wood
& Metal Stairs Manufacturer
- (24007)
- Food
manufacturer - (24009)
|
Assignment
for the Benefit of Creditors Sales
- Portfolio
- 454 student loan obligations -
(24036)
- Perfume
retailer & wholesaler -
(24038)
- Wholesale
importer & exporter -
(24039)
- Investment
services company - (24040)
- Cosmetics
retailer - (24037)
|
Chapter
11 - 363 Sales
- Memorabilia
collection - 413 Barbie dolls -
(23999)
- Oil
& gas well mineral rights -
(23994)
- Interest
in three judgements - (23998)
- Interest
in final judgement - (23997)
- Unsecured
promissory note - (23996)
|
Chapter
11 - Investment Banker Application
Filed
- Digital
medicine provider - (23982)
- Chain
of fitness centers - (23983)
|
Chapter
11 - Case Filing Indicates Future
Asset Sale
- Industrial
trucking company - (23986)
- Commercial
leasing company - (23985)
|
Chapter
7 - Sale of Business Assets
- Estate
furnishings, antiques &
collectibles - (23981)
- Six
commercial land parcels - 650+/-
acres - (23978)
- Commercial
building - Land 9,350 sq. ft. -
(23966)
- Real
estate, tractors & equipment
- (23965)
- Trucking
company (w/equipment) - (23979)
- Jewelry
- Estate collection - (23964)
- Two
residential lots - (23980)
|
Chapter
12 Bankruptcy
- No
New Deals This Week
|
|
Rating
Agency Alerts/Other Signs of
Distress
- Virtual
payment services provider -
(23991)
- Blockchain
technology business - (23989)
- Consumer
healthcare company - (23990)
- Financial
services company - (23987)
- Film
producer - (23988)
|
Auctions
- 8+/-
Industrial Acres with 10,344+/-
SF Building - (24046)
- Industrial,
business equipment &
vehicles - (24047)
- Historic
machine shop (w/equipment) -
(24048)
- Commercial
land - .895 AC - (24045)
- Machine
shop equipment - (24042)
|
Other
Interesting Sales
- Chain
of home decor & home
improvement stores - (24019)
- Independent
exploration & production
company - (24017)
- Operator
of 64 radio stations &
websites - (24018)
- Manufacturer
of power gasoline engines -
(24020)
- Fast-food
franchisee company - (24016)
|
Bulk
Sales
- Bar
& grill restaurant
(w/equipment) - (24033)
- Franchised
pizza restaurant - (24031)
- Commercial
beverage license - (24032)
- Frozen
yogurt shop - (24035)
- Firewood
supplier - (24034)
|
Receiverships
- Distributor
of branded travel luggage -
(24026)
- Mill
& wood products manufacturer
- (24029)
- Oilfield
services provider - (24027)
- Asset
management company - (24030)
- Real
estate developer - (24028)
|
Mass/Significant
Layoffs
- Information
technology company - (24012)
- Food
service handling company -
(24014)
- Automotive
auction company - (24013)
- Metal
& titanium supplier -
(24011)
- Aircraft
engine supplier - (24015)
|
Plant/Facility
Closings
- Information
management services company -
(24025)
- Door
& surface tops manufacturer
- (24021)
- Athletic
apparel manufacturer - (24023)
- Healthcare
services company - (24024)
- Electrical
utility provider - (24022)
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