January 19, 2021
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Article 9 Sale Notice: Fizz & Bubble, LLC

Initial bid deadline is January 26th. All assets of this creator, maker, and distributor of skin softening and rejuvenating skin products, such as soaps, scrubs, lotions, and bubble bath will be sold. Auction will be Feb 2nd at Fredrikson & Byron, with bidding via video conference.

See the full public notice here.
 

The Walking Company - 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.
 

Lenders Beware: Watch Out for Lender Liability Claims

A business that defaults under a loan should expect its lender to zealously protect its collateral and otherwise pursue its rights against the borrower (and any guarantor). There is a line, however, that a lender crosses at its peril: a lender who exerts too much control, especially over the debtor’s daily operations, can land the lender in hot water. Welcome to the land of lender liability, by way of “Lender Liability Claims are Alive and Well: A Case Study” by Gary Marsh of Troutman Pepper.
 

Did You Hear About the First Day Motions in the NRA’s Chapter 11?

They contained mostly bullet points.
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. Industrial park - 10,000 sq.ft. on 0.885 acres - (26824)
  2. Commercial motor vehicle lease agreements - (26838)
  3. Manufacturer of skin care products - (26814)
  4. 118 Acres with 6 Townhomes - (26823)
  5. Retail holding company - (26797)

Private Company Sales

  1. Industrial procurement, distribution & supply co. - (26852)
  2. Archery manufacturer (w/intellectual property) - (26853)
  3. Industrial extracting business - (26855)
  4. Flare & combuster manufacturer - (26854)
  5. Cannabis edibles manufacturer - (26851)

Assignment for the Benefit of Creditors Sales

  1. Dealer of architectural aluminum products - (26837)
  2. Manufacturer of steel buildings - (26835)
  3. Construction contractor - (26836)

Chapter 11 - 363 Sales

  1. Transportation vehicles & industrial equipment - (26877)
  2. Intellectual property - Two trademarks - (26833)
  3. Fleet of pneumatic bulk trailers - (26875)
  4. Office equipment & furnishings - (26876)
  5. Commercial land - 20 acres - (26878)

Chapter 11 - Investment Banker Application Filed

  1. Manufacturer of specialty pharmaceuticals - (26825)
  2. Transportation company - (26827)

Chapter 11 - Case Filing Indicates Future Asset Sale

  1. Direct seller of travel packages - (26830)
  2. Air charter broker - (26828)

Chapter 7 - Sale of Business Assets

  1. sReal estate (w/buildings & improvements) - (26818)
  2. Interest in two commercial condominiums - (26816)
  3. Trucking company (w/equipment) - (26817)
  4. Coal & mining company - (26819)

Chapter 12 Bankruptcy

  1. No new deals added this week

Rating Agency Alerts/Other Signs of Distress

  1. A collectibles & memorabilia trading site - (26858)
  2. Developer of regenerative cell therapies - (26856)
  3. Pharmaceutical company - (26857)
  4. Biotechnology company - (26859)
  5. 3D modeling company - (26860)

Auctions

  1. High Production Machining Services Provider - (26873)
  2. Industrial cars & collector trucks - (26872)
  3. Development land - 132.27 Acres - (26822)
  4. Antiques & Folkart & Americana - (26821)
  5. Industrial parts & machinery - (26874)

Other Interesting Sales

  1. No new deals added this week.

Bulk Sales

  1. Automotive detailing business - (26841)
  2. Commercial beverage license - (26844)
  3. Automotive dealership - (26842)
  4. Fast food franchise - (26839)
  5. Supermarket chain - (26840)

Receiverships

  1. Manufacturer of heavy machinery attachments - (26849)
  2. Developer of a 78-unit condominium - (26845)
  3. Retail pharmacy (w/real estate) - (26850)
  4. Satellite broadcast business - (26847)
  5. Retirement community - (26846)

Mass/Significant Layoffs

  1. Engineering & IT services company - (26866)
  2. Utility services provider - (26867)
  3. Online gaming company - (26870)
  4. Foodservice company - (26869)
  5. Hotel/spa - (26968)

Plant/Facility Closings

  1. Investment holding company - Salon chain - (26863)
  2. Supplier of transit system products - (26861)
  3. Medical technology manufacturer - (26862)
  4. Rigid plastic packaging company - (26864)
  5. Drug wholesaler - (26865)
View All Deals on DailyDac.com
 
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Highland Park, IL 60035
847-463-9530
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