August 4, 2020
Receive this Newsletter
 

Article 9 Sale

Holland & Knight LLP announces UCC Article 9 sale of certain loans and other personal property of GEMCAP LENDING I, LLC and/or GC ACQUISITION I, LLC. Deadline to become a qualified bidder is August 13th.

Click here for more information.
 

363 Sale. Bid Deadline is Today!

SEALEDBID will conduct 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.

For more information, click here.
 

Just What You Need - ANOTHER Article about Force Majeure

We know...You’ve read a dozen articles on the topic and maybe even wrote one yourself. After all, the topic’s all the rage. But trust us, if you are looking for the most plain English, short, yet comprehensive treatment out there, read “Force Majeure, MAC Clauses & COVID-19: A Court Speaks to Every Commercial Tenant in the United States.”
Latest Deals Added to the Opportunistic Deal Database
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. Commercial taxi medallions - (24362)
  2. Two mixed-use buildings - (24365)
  3. Pledged shares of stock - (24365)
  4. Two mixed use buildings - (24334)
  5. Two taxi medallions - (24363)

Private Company Sales

  1. Type 7 Cultivation, manufacturing & distribution facility - (24378)
  2. Cultivation manufacturing & distribution facility - (24380)
  3. Commercial masonry installation company - (24379)
  4. Industrial tooling & machining shop - (24382)
  5. Sheet metal manufacturing plant - (24381)
  6. Retail sports apparel business - (24377)

Assignment for the Benefit of Creditors Sales

  1. Financial services business - (24400)
  2. Full-service restaurant - (24404)
  3. Citrus produce dealer - (24402)
  4. Franchising business - (24401)

Chapter 11 - 363 Sales

  1. Production/R&D lab equipment - (24415)
  2. 74,000 sq. ft. - Bulk sale - (24412)
  3. 65,000 sq. ft. building - (24416)
  4. 10 mixed use buildings - (24413)
  5. 24 unit building - (24414)

Chapter 11 - Investment Banker Application Filed

  1. Owner of multiple oil & gas assets - (24366)
  2. Newspaper publisher - (24367)

Chapter 11 - Case Filing Indicates Future Asset Sale

  1. No New Deals Added

Chapter 7 - Sale of Business Assets

  1. Transportation equipment - Multiple lots - (24407)
  2. Gym/Fitness center leasehold interest - (24405)
  3. Farming & industrial equipment - (24408)
  4. School buses - 1,100 lots - (24409)
  5. Waterfront lot - (24406)

Chapter 12 Bankruptcy

  1. Agriculture equipment - (24370)
  2. 113 acre farm - (24368)

Rating Agency Alerts/Other Signs of Distress

  1. Manufacturer of medical equipment - (24357)
  2. Blockchain application platform - (24359)
  3. Deep ocean technology provider - (24361)
  4. Industrial mining company - (24358)
  5. Financial holding company - (24360)

Auctions

  1. Industrial/business equipment & vehicles - (24420)
  2. Trucks, trailers & equipment - (24417)
  3. 2.9 acre waterfront property - (24419)
  4. Machine shop w/equipment - (24421)
  5. 155 acre college campus - (24418)

Other Interesting Sales

  1. High efficiency magnetic components manufacturer - (24351)
  2. Manufacturer of aircraft components - (24356)
  3. IT/bandwith solutions company - (24352)
  4. Short line railroad operator - (24353)
  5. Branded fitness franchise - (24354)

Bulk Sales

  1. Commercial beverage license - (24395)
  2. Screen printing business - (24397)
  3. Assisted living facility - (24398)
  4. Juice/smoothie bar - (24396)
  5. Sleep clinic - (24399)

Receiverships

  1. Adult contemporary radio station - (24376)
  2. Branded automotive dealership - (24374)
  3. Social housing property - (24375)
  4. Film production company - (24373)
  5. Three radio stations - (24372)

Mass/Significant Layoffs

  1. Airline transportation services company - (24390)
  2. Luxury hotel & conference center - (24388)
  3. Marketing services company - (24391)
  4. Branded fashion realtor - (24393)
  5. Gun manufacturer - (24392)

Plant/Facility Closings

  1. Production services business - (24383)
  2. Entertainer's labor union - (24385)
  3. Branded restaurant chain - (24387)
  4. Athletic club - (24384)
  5. Nursing home - (24386)
View All Deals on DailyDac.com
 
DailyDAC, LLC
1954 First Street, Suite 178
Highland Park, IL 60035
847-463-9530
[email protected]
All content in this email is Copyright 2020 by DailyDAC, LLC and may not be reproduced without written permission of DailyDAC, LLC but this email may be forwarded freely in its entirety.