January 12, 2021
 

Public Notice of Article 9 Sale

Steptoe & Johnson announces the Article 9 sale of assets of The Walking Company. Potential bidders must execute a Certification of Qualifications by February 4th.

See the full public notice here.
 

Chapter 11 Bankruptcy Alert System

Free notification of every new chapter 11 petition filed in the United States.

Join the email list or browse recent filings.
 

How to Document a Claims Trade

So, you learned about the claims trading marketplace and you want to purchase or sell a claim. Now what? Learn about trade confirmations, purchase and sales agreements, and so much more. Read “An Introduction to Bankruptcy Claims Trading Part 2: Documenting the Sale of a Claim” by Timothy Bennett, General Counsel at Fulcrum Capital.
 

Congratulations to Keen & Summit

Keen-Summit Capital Partners LLC & Summit Investment Management LLC announced yesterday that they have jointly hired David Levy, CCIM, a leading commercial real estate expert, to open their new joint Chicago office.

See the press release here.
 

Need Deal Flow?

Subscribe to DailyDAC’s Opportunistic Deal Database to get access to intelligence regarding opportunities to purchase distressed companies, excess assets, and the like. One deal will pay for a year’s subscription many times over.

Learn More.
 

Sponsorship Opportunities

DailyDAC / Financial Poise seeks sponsors for its upcoming webinar season, which begins in late January. Financial Poise Webinars will be purchased in 2021 by more than 30,000 attorneys + a large number of business owners, executives, and accredited investors. Our newsletters and websites are read by far more. Email [email protected] to express interest in a conversation.
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 you can easily find these deals on our website by searching for this number.

Secured Party Sales

  1. Multiple commercial transit vehicles - (26723)
  2. Two penthouse condominiums - (26730)
  3. Two story masonry building - (26724)

Private Company Sales

  1. Branded hotel & conference center - (26770)
  2. Flare & combuster manufacturer - (26772)
  3. Oil, mineral rights (w/land) - (26773)
  4. Cannabis production business - (26771)
  5. Retail plaza - 17.85 acres - (26769)

Assignment for the Benefit of Creditors Sales

  1. Aluminum railing dealer & manufacturer - (26718)
  2. Retail warehouse (w/inventory) - (26719)
  3. Pharmaceutical company - (26717)

Chapter 11 - 363 Sales

  1. Manufacturer of decorative walls & mirrors - (26768)
  2. Manufacturer of telescope accessories - (26764)
  3. Commercial land - 132.27 Acres - (26746)
  4. Turbine manufacturer - (26765)
  5. Solar mobile company - (26766)

Chapter 11 - Investment Banker Application Filed

  1. Manufacturer of turbochargers - (26732)
  2. Real estate investment trust - (26731)

Chapter 11 - Case Filing Indicates Future Asset Sale

  1. Investment services company - (26737)
  2. Senior living community - (26734)
  3. Beer brewing company - (26738)
  4. HVAC contractor - (26735)

Chapter 7 - Sale of Business Assets

  1. Construction & industrial equipment - (26726)
  2. 10,150 sq. ft. metal warehouse - (26747)
  3. Marine construction company - (26767)
  4. Vacant land - 2 acres - (26744)
  5. Construction company - (26745)

Chapter 12 Bankruptcy

  1. No new deals added this week

Rating Agency Alerts/Other Signs of Distress

  1. Commercial payment services company - (26754)
  2. Wired communications company - (26753)
  3. Medical technology company - (26755)
  4. Medical automation company - (26751)
  5. Biotechnology company - (26756)

Auctions

  1. Industrial robots & controllers - Multiple lots - (26725)
  2. Hardware, tools, shop & industrial equipment - (26729)
  3. Construction & industrial equipment - (26726)
  4. Industrial tools & equipment - (26727)
  5. Two industrial buildings - (26728)

Other Interesting Sales

  1. Development land - 347 acres - (26760)
  2. Horse ranch - 103 acres - (26759)
  3. Farmland - 781.5 acres - (26763)
  4. Farmland - 117.72 acres - (26762)
  5. Farmland - 287 acres - (26761)

Bulk Sales

  1. Industrial & vehicle weighing service - (26739)
  2. Retail market (w/inventory) - (26742)
  3. Branded restaurant chain - (26741)
  4. Tanning spa business - (26743)
  5. Coffee shop - (26740)

Receiverships

  1. Oil & natural gas properties - (26720)
  2. Travel advisory company - (26722)
  3. Branded hotel & spa - (26721)

Mass/Significant Layoffs

  1. Ceramics & dinnerware manufacturer - (26781)
  2. Plastic fabrication company - (26780)
  3. LED lighting manufacturer - (26782)
  4. Automotive supplier - (26779)

Plant/Facility Closings

  1. Freight transportation company - (26778)
  2. Iron & steel pipe manufacturer - (26777)
  3. Nonmetallic minerals plant - (26774)
  4. Direct marketing company - (26776)
  5. Bottled water company - (26775)
View All Deals on DailyDac.com
 
DailyDAC, LLC
1954 First Street, Suite 178
Highland Park, IL 60035
847-463-9530
[email protected]