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July 21, 2020
 

Very Fine Motels, Inc.

Advantageous Equities, L.L.C., agent for secured party, announces Article 9 auction of tangible personal property of Very Fine Motels, Inc., on July 23. Click here for more information.
 

Cleanlight Power+Energy, Mt. Laurel, LLC

Lauletta Birnbaum, LLC, counsel for secured party, announces Article 9 auction of all the assets of Cleanlight Power+Energy, Mt. Laurel, LLC on July 31, including 100% of the membership interests of CleanLight Energy, LLC. Click here for more information.
 

Direct to Consumer Catalog and E-Commerce Retailer

SEALEDBID announces chapter 11 363 sale of Import Specialties d/b/a Heartland America, a catalog and e-commerce company with loyal club membership, established in 1985, and which is trending towards 8% EBITDA for 2020 despite being in chapter 11 for nearly a year. August 4 bid deadline. Click here for more information.
 

Chapter 11 and Corporate Restructuring 101

Need to get smart quickly about financially distressed companies? Look no further than Opportunity Amidst Crisis - the Webinar.

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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.

Secured Party Sales

  1. Land for development - 59.7 acres - (24204)
  2. Commercial property - 0.39 acres - (24203)
  3. Commercial lot - 0.34 acres - (24202)
  4. Chain of hotels & motels - (24171)

Private Company Sales

  1. Intellectual property - Consumer products baby brand - (24235)
  2. Commercial mechanical contractor - (24237)
  3. Construction related businesses - (24233)
  4. HVAC contracting business - (24236)
  5. Glass bending company - (24234)

Assignment for the Benefit of Creditors Sales

  1. General contracting company - (24216)
  2. Beer, wine & spirit retailer - (24219)
  3. Fine Jewelry - 450 lots - (24217)

Chapter 11 - 363 Sales

  1. Equity of trade show installation & dismantling co. - (24176)
  2. Oil & gas well mineral rights - (23994)
  3. Interest in three judgements - (23998)
  4. Interest in final judgement - (23997)
  5. Unsecured promissory note - (23996)
  6. Commercial railroad - (24207)
  7. Loan portfolio - (24214)

Chapter 11 - Investment Banker Application Filed

  1. Online medical services provider - (23982)
  2. Fitness center chain - (23983)

Chapter 11 - Case Filing Indicates Future Asset Sale

  1. Pharmaceutical holding company - (24113)
  2. Medical practice - (24112)
  3. Trucking company - (23986)
  4. Leasing company - (23985)

Chapter 7 - Sale of Business Assets

  1. 3,400+/- Sq Ft Commercial Building - (24210)
  2. Estate furnishings & collectibles - (24211)
  3. Farm/agribusiness (w/equipment) - (24212)
  4. Commercial lot for development - (24209)
  5. Nursery business - (24213)

Chapter 12 Bankruptcy

  1. No New Deals This Week

Rating Agency Alerts/Other Signs of Distress

  1. Medical cannabis producer & supplier - (24200)
  2. Waste industry services provider - (24197)
  3. Developer of energy properties - (24201)
  4. Diversified holding company - (24198)

Auctions

  1. Industrial equipment - Multiple lots - (24243)
  2. Medical commercial property - (24239)
  3. 8+/- Industrial Acres - (24241)
  4. Four industrial lots - (24242)
  5. 10 acre property - (24240)

Other Interesting Sales

  1. Self-administered real estate investment trust - (24193)
  2. Independent exploration & production company - (24195)
  3. Domestic & international airline carrier - (24196)
  4. Branded restaurant holding company - (24194)
  5. Oil & gas exploration company - (24192)

Bulk Sales

  1. Convenience store business - (24222)
  2. Gas station & retail mart - (24221)
  3. Full-service restaurant - (24218)
  4. Salvage business - (24220)

Receiverships

  1. Quick-serve restaurant - 581 sq. ft. - (24173)
  2. 15,000 sq. ft. - development land - (24174)
  3. 9,000 sq ft - Commercial property - (24205)
  4. Retail property - 20,600 sq. ft. - (24208)
  5. Retail Building - 4,143 sq. ft. - (24172)
  6. Retail/Office building - (24206)
  7. Commercial railroad - (24207)

Mass/Significant Layoffs

  1. Fitness & recreational center - (24227)
  2. Food & beverage company - (24225)
  3. Airport services provider - (24223)
  4. Full-service hotel - (24224)
  5. Dairy producer - (24226)

Plant/Facility Closings

  1. Full-service restaurant/entertainment venue - (24229)
  2. Industrial machinery merchant - (24232)
  3. Logistics services business - (24231)
  4. Branded clothing retailer - (24228)
  5. Automotive parts retailer - (24230)
View All Deals on DailyDac.com


 
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