October 13, 2020
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Public Notice of Assignee Auction: M-Wave International, LLC and M-Wave Music Products, LLC

Commercial Recovery Associates is accepting bids on behalf of the Assignee in the Illinois assignment for the benefit of creditors of M-Wave International, LLC and M-Wave Music Products, LLC (together, the “Companies”). Assets to be sold include tangible and intangible assets, consisting primarily of inventory, accounts receivable, property plant and equipment, office furniture and equipment, customer information and marketing materials and brochures. The companies are nationwide electronic circuit board assemblers specializing in low-volume, high-mix assemblies for select customers in fire & safety, emergency back-up, industrial smart lighting, restaurant equipment, music products and OTC medical devices. Qualified bids due 4 pm CT pm October 22nd.

Read more information on DailyDAC.
 

Public Notice of Assignee Auction: Travel Light, Inc. d/b/a G-RO

Auction Advisors is accepting bids on behalf of the Assignee in Delaware's assignment for the benefit of creditors of Travel Light, Inc. d/b/a G-RO. Assets to be sold include: (i) patents associated with the innovative luggage product; (ii) trademarks; and (iii) inventory. Travel Light was a designer, manufacturer and distributor of unique luggage and other travel accessories operating primarily under the brand name G-RO. The company had a celebrity following and served many of the fastest growing national retailers and brands. Qualifying bids due Noon CT on November 4th.

More information on DailyDAC.
 

Must-Attend for Lenders, Credit Professionals and Restructuring Professionals

DailyDAC is proud to be a media partner for this important virtual event on November 4th and 5th. Back by popular demand, NYIC (the venerable New York Institute of Credit) presents its Virtual Smorgasbord. Over the course of two days there will be 20 live sessions with 80 speakers at which you can earn 18 CPE credits. Click here to register or for more information.
 

Can an Independent Director Help Shape Your Bankruptcy for the Better?

An independent director is a helpful voice when making important business decisions - both in times of growth and in times of distress. The Edison Mission Energy bankruptcy is a case in point. Read more about the case and the benefits of non-executive directors in “The Independent Director Role in Optimizing Corporate Workouts and Bankruptcy Outcomes.”
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.
iGlobal's Global Leaders in Real Estate - 10/22

Secured Party Sales

  1. Farming equipment - Multi-ring lots - (25390)
  2. Farming equipment - multiple lots - (25388)
  3. Five real properties - (25392)
  4. Header trailers - (25389)
  5. Farmland - (25391)

Private Company Sales

  1. Manufacturer of precast concrete products - (25397)
  2. Commercial electrical contractor - (25398)
  3. Niche manufacturing operation - (25393)
  4. Hydroponic farm - (25396)
  5. HVAC business - (25395)

Assignment for the Benefit of Creditors Sales

  1. Omni-channel retailer - women's apparel - (25462)
  2. Cruise & travel services company - (25422)
  3. Off-premise catering company - (25420)
  4. Utility services company - (25421)

Chapter 11 - 363 Sales

  1. De minimis assets - transportation services company - (25444)
  2. Equity interests - carbon supply company - (25441)
  3. Regional airline services company - (25446)
  4. Children's camp (w/real estate) - (25443)
  5. Real estate investment firm - (25452)

Chapter 11 - Investment Banker Application Filed

  1. Independent oil & natural gas company - (25416)
  2. Professional sports league - (25417)
  3. Chain of fitness centers - (25419)
  4. Coal services company - (25415)
  5. Rental car chain - (25418)

Chapter 11 - Case Filing Indicates Future Asset Sale

  1. Real estate investment service - (25407)
  2. Menswear ecommerce company - (25404)
  3. Hydroelectric power plant - (25405)
  4. Data storage reseller - (25406)

Chapter 7 - Sale of Business Assets

  1. Remnant assets - die cast & engineering firm - (25435)
  2. Industrial & trucking equipment - (25451)
  3. Commercial land - 17.4 acres - (25450)
  4. Hospital property - (25434)
  5. Jewelry inventory - (25449)

Chapter 12 Bankruptcy

  1. Vehicles, trailers & farming equipment - (25465)
  2. Agricultural watercraft equipment - (25463)

Rating Agency Alerts/Other Signs of Distress

  1. Digital media services to the travel industry - (25385)
  2. Oil filtration system distributor - (25387)
  3. Manufacturer of copper alloys - (25384)
  4. Global direct selling company - (25383)
  5. Supplier of ceramic proppant - (25386)

Auctions

  1. Industrial equipment & personal items - (25453)
  2. Development land - 65.09+/- Acres - (25459)
  3. Industrial & machining equipment - (25456)
  4. Automation engineering equipment - (25460)
  5. Surplus manufacturing equipment - (25457)
  6. Industrial woodworking plant - (25461)
  7. Machine shop (w/equipment) - (25455)
  8. Coin collection - (25454)

Other Interesting Sales

  1. Non-operated working interest package - 1,844 oil wells - (25377)
  2. Operated working interest package - 273 wells - (25374)
  3. Operated working interest in 15 oil wells - (25371)
  4. Working interest package - 4 gas wells - (25372)
  5. Oil & gas producing unit - 2.375% ORRI - (25375)

Bulk Sales

  1. Full-service restaurant (w/equipment) - (25369)
  2. Commercial printing business - (25368)
  3. Franchise sandwich shop - (25366)
  4. Restaurant/bistro - (25370)
  5. Restaurant/cafe - (25367)

Receiverships

  1. Shopping center retail space - 1,560 Sq. ft. - (25399)
  2. Assisted living building - 22,215 sq. ft. - (25400)
  3. Seller & distributor of billiard products - (25365)
  4. Real estate investment company - (25402)
  5. Heavy & hauling equipment - (25401)
  6. Residential home/facility - (25403)

Mass/Significant Layoffs

  1. Carbon fiber & matrix manufacturer - (25430)
  2. Motion picture exhibition business - (25432)
  3. Manufacturer of trailer axles - (25433)
  4. Utility trailer manufacturer - (25431)
  5. Mining company - (25429)

Plant/Facility Closings

  1. Multinational beverage corporation - (25428)
  2. Customer care services provider - (25427)
  3. Electric utility service center - (25423)
  4. Seed-to-sale CBD manufacturer - (25425)
  5. Farmer-owned cooperative - (25426)
  6. Coffee wholesaler - (25424)
View All Deals on DailyDac.com
 
DailyDAC, LLC
1954 First Street, Suite 178
Highland Park, IL 60035
847-463-9530
[email protected]