|
|
|
Be a Beta Tester for DailyDAC’s new potential product offering: DISTRESSED DEAL DATAPOINTS™. Sign up at no cost. Only an email address is required. If we decide to launch the DDD, beta testers will be given priority, and a discount, to subscribe. DDD is envisioned to be a once per week email with actionable deal flow intel that will be made available to a limited number of subscribers. We only ask that you complete a very short survey when the time comes. Beta testers will receive their first free issue immediately.
|
|
|
ABC Services Group, Inc., has announced its engagement on behalf of a secured creditor to sell substantially all assets of a clothing manufacturing company of multicategory (sportswear, activewear, resort wear, loungewear and swimwear) under Article 9 of the Uniform Commercial Code. The auction is scheduled for today at 1 pm ET.
Read the full public notice on DailyDAC.
|
|
|
To learn more about Subchapter V, watch this music video.
Remember kids, KNOWLEDGE IS POWER!
|
|
|
|
A foreign company that has assets in the U.S. must act under its country’s own insolvency regime. Such a foreign insolvency can then be coordinated with bankruptcy courts in the U.S. through chapter 15 of the U.S. Bankruptcy Code. Read more in Chapter 15 Bankruptcy: A Concise Overview by Hon. Melanie L. Cyganowski, partner at Otterbourg and Former Chief Bankruptcy Judge in the Eastern District of New York.
|
|
|
Kirkland & Ellis LLP has announced that Bouchard Transportation Co., currently in Chapter 11, is soliciting offers for a transaction or transactions, any of which may include the purchase of some or all of its assets. Bouchard is the nation’s largest independently-owned ocean-going petroleum barge company, with a fleet of 25 double-hulled barges and 26 tugs. The bid deadline is July 16th.
The full public notice is on DailyDAC.
|
|
|
|
|
|
|
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
- Multi-category clothing manufacturer - (29184)
- Two professional office suites - (29232)
- Collectible farm tractors - (29231)
|
Private Company Sales
- Industrial property - 122,724 sq. ft. - (29249)
- Deregulated energy brokerage - (29253)
- Concrete casting business - (29248)
- Distribution facility - (29251)
- Cannabis retailer - (29252)
|
Assignment for the Benefit of Creditors Sales
- Home construction business - (29195)
- Electric utility company - (29196)
|
Chapter 11 - 363 Sales
- Industrial, business equipment & vehicles - (29247)
- Shop tools & equipment - 2,150 lots - (29245)
- Oil & petroleum transportation co. - (29182)
- Land for development - .89 acres - (29243)
- Multi-properties - 16,758 sq. ft. - (29246)
|
Chapter 11 - Investment Banker Application Filed
- No new deals added this week.
|
Chapter 11 - Case Filing Indicates Future Asset Sale
- Assisted living center - (29185)
|
Chapter 7 - Sale of Business Assets
- Appliance retailer (w/inventory) - (29239)
- Multi-property - three levels - (29242)
- Rooming house - 16,884 sq.ft. - (29241)
- Commercial parking space - (29238)
- Multi-property rowhouse - (29240)
|
Chapter 12 Bankruptcy
- No new deals added this week.
|
|
Rating Agency Alerts/Other Signs of Distress
- Marketing research consultancy - (29228)
- Specialty pharmaceutical co. - (29227)
- Electric truck manufacturer - (29226)
- Women's accessory retailer - (29229)
- Food supplement producer - (29230)
|
Auctions
- Bank owned private equity group properties - (29183)
- Manufacturer of lawn edging equipment - (29191)
- Sawmill & heavy equipment - (29193)
- Milling machinery - (29192)
- Logging equipment - (29190)
|
Other Interesting Sales
- Antiques & collectibles - Multiple lots - (29220)
- Farming equipment, guns & ammunition - (29219)
- Farm (w/equipment) - Multiple lots - (29222)
- Commercial land - 1.64 acres - (29221)
- Farm - 99 acres - (29225)
|
Bulk Sales
- Full-service laundry business - (29199)
- Cosmetic surgery practice - (29200)
- Restaurant & bar - (29198)
- Medical practice - (29201)
- Retail pharmacy - (29197)
|
Receiverships
- Trucking, warehousing & logistics business - (29234)
- Surplus personal protective equipment - (29233)
- Manufacturer of medical equipment - (29235)
- Commercial retail strip mall - (29236)
- Mortgage investment firm - (29237)
|
Mass/Significant Layoffs
- Commercial metal supplier - (29203)
- Car rental company - (29205)
- 500 acre resort - (29207)
- 10-acre resort - (29204)
- Luxury hotel - (29206)
|
Plant/Facility Closings
- Secondary merchandise retailer - (29208)
- Medical technology company - (29209)
- Commercial juice producer - (29211)
- Full-service restaurant - (29210)
- Pharmaceutical company - (29212)
|
|
|
|
|
| |
DailyDAC, LLC
1954 First Street, Suite 178
Highland Park, IL 60035
847-463-9530
[email protected]
|
|
|
