November 17, 2020
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Public Notice of UCC Sale: Windwrap, LLC

Bid Deadline is December 4th. Sale to be conducted by counsel to the secured lender, Robert W. Glantz, Esq., Fox Rothschild LLP.

More information on DailyDAC here.
 

Public Notice of Receivership Sale: The Robbins Company

Bid deadline is December 14th. Sale to be conducted by Inglewood Associates LLC, through its CEO/Managing Director, John K. Lane (“Receiver”). Robbins is one of the world’s foremost providers of advanced, underground construction equipment and services, including Tunnel Boring Machines (TBMs) and related equipment such as conveyors and cutters.

More information on DailyDAC here.
 

Healthcare Restructuring: Why It’s Not Your Average Corporate Bankruptcy Case

The healthcare industry is a highly regulated industry, and decisions are not made solely on financial needs. After all, there are peoples’ lives on the line. To better understand the complexities of healthcare restructuring, read “Potential Pitfalls and Opportunities in Healthcare Restructuring” by Gregory Kopacz and Andrew Sherman of Sills Cummins & Gross P.C., who break down issues in provider agreements, exclusion remedies, patient needs and more.
 

A Must-Watch for Owners/Directors/Officers of Distressed Businesses

This webinar is designed to provide a financially distressed business with an overview of the legal tools available to help address its issues. Also highly recommended for the junior corporate restructuring professional.

Learn more or purchase here.
 

Find Opportunistic Deals

Become a member of DailyDAC’s Opportunistic Deal Database to gain access to a highly curated list of deals that no other resource can give you. And unlike every other resource, membership is limited to 300 subscriptions.

Subscribe or learn more here.
 

Rich Man, Poor Man...Hurry Up, Man: Wash Away Personal Guarantees Quickly

If your business is financially distressed and if you have guaranteed its debt then you need to read this article. The $7.5 million debt cap under subchapter V is not nearly as constraining as many assume.
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 - Real Estate Joint Ventures - 11/19

Secured Party Sales

  1. Multiple promissory notes - building materials dealer - (25922)
  2. Recreational property - 136.479+/- Total Acres - (25907)
  3. Construction & utility equipment - (25908)
  4. Financial holding company - (25925)
  5. Footwear company - (25923)

Private Company Sales

  1. Industrial & commercial plumbing contractor - (25981)
  2. Plumbing & heating co (w/real estate) - (25980)
  3. Electronics manufacturing business - (25978)
  4. Trucking & logistics company - (25979)
  5. Asphalt business - (25977)

Assignment for the Benefit of Creditors Sales

  1. Bedding & mattress retailer - (25970)
  2. Wholesale medical supplier - (25969)
  3. Commercial caterer - (25971)

Chapter 11 - 363 Sales

  1. Metal fabrication plant (w/equipment) - (25934)
  2. 7,110+/- SF Office/Warehouse Building - (25931)
  3. Medical spa equipment & supplies - (25933)
  4. Full-service hotel property - (25951)
  5. Retail inventory - 379 lots - (25930)

Chapter 11 - Investment Banker Application Filed

  1. Offshore deepwater drilling company - (25993)
  2. Real estate investment trust - (25992)

Chapter 11 - Case Filing Indicates Future Asset Sale

  1. Manufacturer of hardwood flooring products - (25988)
  2. Crypto-currency financial platform - (25987)
  3. Real estate investment firm - (25990)
  4. Rehabilitation center - (25991)
  5. Restaurant chain - (25989)

Chapter 7 - Sale of Business Assets

  1. Intellectual property/patent (w/unasserted claims) - (25959)
  2. Commercial car wash - rights & interest - (25964)
  3. Frozen food transportation business - (25957)
  4. Commercial beverage/spirts license - (25966)
  5. Interest in insurance commissions - (25929)
  6. Sports bar - (25961)

Chapter 12 Bankruptcy

  1. Three acres of land (w/real estate) - (25955)
  2. Farmland - 12.722 acres - (25953)

Rating Agency Alerts/Other Signs of Distress

  1. Electronic transaction processing services provider - (25949)
  2. Manufacturer & distributor for cannabis growers - (25948)
  3. Environmentally friendly dry cleaning business - (25950)
  4. Developer of oleander-based products - (25946)
  5. Supplement manufacturer - (25947)

Auctions

  1. 33.83 acres - commercial/industrial land - (26007)
  2. Two food flavoring & ingredients plants - (26004)
  3. 60,000 Sq. Ft. stamping facility - (26009)
  4. Music memorabilia collection - (26010)
  5. Injection molding facility - (26008)
  6. 4,000 sq. ft. metal shop - (26005)

Other Interesting Sales

  1. Non-operated working interest package - 1,844 wells - (25941)
  2. Operated working interest package - 4 gas wells - (25945)
  3. Operated working interest package - 129 wells - (25943)
  4. Operated working interest package - 82 wells - (25942)
  5. Operated working interest - 15 wells - (25944)

Bulk Sales

  1. Commercial beverage license - (26003)
  2. Restaurant (w/equipment) - (26002)
  3. Art pottery retailer - (25999)
  4. Restaurant/bistro - (26000)
  5. Floral shop - (26001)

Receiverships

  1. Professional audio-visual integration provider - (25973)
  2. Firearms & ammunition wholesaler - (25972)
  3. Integrated investment platform - (25975)
  4. Commercial land - 22 acres - (25974)
  5. Rare coin dealer - (25976)

Mass/Significant Layoffs

  1. Mining equipment merchant wholesalers - (25983)
  2. Administrative management company - (25984)
  3. Cruise & sightseeing business - (25986)
  4. Senior living facility - (25982)
  5. Pharmaceutical company - (25985)

Plant/Facility Closings

  1. Manufacturer of electrical equipment - (25996)
  2. Nursing care facility - (25995)
  3. Sales data aggregator - (25994)
  4. Mail-order business - (25997)
  5. Pillow factory - (25998)
View All Deals on DailyDac.com
 
DailyDAC, LLC
1954 First Street, Suite 178
Highland Park, IL 60035
847-463-9530
[email protected]
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