Search Results for: "Credit bid"
NOTICE OF U.C.C. ARTICLE 9 DISPOSITION OF COLLATERAL PUBLIC SALE AND AUCTION OF AM FAMILY FUND, LLC’S 100% EQUITY MEMBERSHIP INTEREST IN LYDDA LUD, LLC PLEASE TAKE NOTICE that on April 29, 2021, at 12:00 p.m. (Pacific Standard Time), a public sale (hereinafter the “Public Sale”) shall be conducted of AM Family Fund, LLC’s 100% membership interest in Lydda LUD, LLC, a California limited liability company. The Public Sale is being conducted pursuant to California Commercial Code, sections 9601 et seq. The Collateral, as described below, will be sold to the highest qualified bidder at the Public Sale pursuant to the terms of this notice. The Public Sale will be conducted via video conference hosted by Zoom: Meeting Link: https://us02web.zoom.us/j/89839186476?pwd=cE9ES0s3SmpSQktXeWZOcU96Vk4zQT09 Meeting ID: 898 3918 6476 Meeting Passcode: giveback PLEASE TAKE FURTHER NOTICE that the foreclosure, disposition, and Public Sale are being held by Give Back, LLC, as the secured party […]
NOTICE IS HEREBY GIVEN that NEBARI NATURAL RESOURCES CREDIT FUND I, LP, (“Secured Party”) is selling all of the New York Limited Liability Company Membership Interests (the “Collateral”) of SRG Horseblock IV LLC; SRG Horseblock II LLC; SGD Group Holdings III LLC; and SGD Group Holdings II LLC (the “Debtors”), which are New York LLCs owning real property located in Suffolk Cty, NY via VIRTUAL public auction on APRIL 12, 2021, 10:00 a.m. EST, at Foley & Lardner LLP, NY, NY. The Collateral is being sold AS-IS, WHERE-IS. Secured Party has the right to credit bid its debt. The Debtors are entitled to an accounting of the unpaid debt at no charge. The sale may be adjourned. Notice of any adjourned sale date will be given only to those that sign a NDA. For further information regarding the sale, or to review documents relating to the Collateral to be sold, […]
NOTICE OF PUBLIC SALE BY ORDER OF THE SECURED PARTY OF ATR TRANSMISSION REMANUFACTURING, INC. SALE OF ASSETS: Notice is hereby given that on Wednesday, March 24, 2021 at 2:00 pm, CDT (the “Date of Sale”), via videoconference from the offices of Jordan & Zito, LLC, secured party, Merchants Capital Finance Corporation, an Illinois corporation (“Lender”) shall hold a public auction (“Auction”) in accordance with the Uniform Commercial Code (as adopted under Illinois law) and other applicable law (the “Sale”) to offer for sale substantially all assets of ATR Transmission Remanufacturing, Inc. (“ATR”) including all of ATR’s right, title and interest in and to all of its assets whether tangible or intangible, real or personal or mixed, owned or leased (including indirect and other forms of beneficial interest) wherever located or by whomever possessed including but not limited to: (a) all tangible property, including but not limited to, cash, accounts […]
NOTICE OF PUBLIC DISPOSITION OF COLLATERAL UNDER UNIFORM COMMERCIAL CODE NOTICE IS HEREBY GIVEN that at 11:00 a.m. (Central Time) on March 12, 2021, MidCap Funding IV Trust, a Delaware statutory trust, as successor-by-assignment from MidCap Funding X Trust, as successor by assignment from MidCap Financial Trust, as agent for the below-referenced Lenders (“Agent”) intends to offer to sell, or cause to be sold, at a public sale conducted in accordance with Article 9 of the Uniform Commercial Code, as enacted in all applicable jurisdictions (“UCC”), at the offices of Goldberg Kohn Ltd., located at 55 E. Monroe, Ste. 3300, Chicago, IL 60603, virtually or telephonically in a manner to be determined by Agent (“Sale”), all right, title, and interest of the U.S. Borrowers in, under, and to the Sale Assets. The Sale Assets may be sold in one or more lots as part of the Sale as Agent may […]
NOTICE OF PUBLIC UCC ARTICLE 9 SALE PLEASE TAKE NOTICE THAT the secured parties named below, acting in concert, will conduct, through their counsel acting as their agent, Sugar Felsenthal Grais & Helsinger LLP (the “Agent“), on March 24, 2021 at 1:00 p.m. CDT or such later date as provided below (the “Auction Date”) a disposition of the below described collateral by public sale by auction (the “Auction”) in accordance with the provisions of the New York Uniform Commercial Code, Section 9-101 et seq. (the “UCC”) as a result of certain defaults by the below named debtor under the Loan Documents, as defined below. a) Debtor: The debtor is Open Door Trading, LLC, a Delaware limited liability company (“Borrower“). b) Secured Party: The secured parties conducting this public sale of the Property, as defined below, of Borrower are George A. Zelcs, Darcy Bradbury, Jing Sun Burke, Christopher Matthew Burke and […]
Decathalon Alpha III is selling substantially all of the assets of Fizz & Bubble, LLC at an Article 9 auction, to be held on February 2, 2021 at 10am CT.
Steptoe & Johnson Announces the Article 9 sale of assets of The Walking Company. Potential bidders must execute a Certification of Qualifications by February 4th.
Lender Liability Law Protects Distressed Borrowers from Unfair Practices The relationship between a lender and borrower can be complex. The borrower wants capital to run and grow its business, and the lenders want to earn a return and eventually get their principal back. If the borrower complies with the terms of the loan, all is good. If the borrower breaches, then the lender has a number of rights and remedies. Sometimes, however, a lender overreaches. One example of an overreach is when a lender exerts control over the daily activities […]
Public Notice Of Sale Of Recycler Of Post-Consumer Plastics, Re-Poly, LLC – Bid Deadline November 5th 1. What is being sold? The assets of the following companies: Re-Poly, LLC, a Missouri limited liability company (“Re-Poly”), and Rhino Ventures, LLC, a Kentucky limited liability company (“Rhino” and, together with Re-Poly, the “Re-Poly Entities”). 2. What is the business of the Re-Poly Entities? Re-Poly is a recycler of post-consumer plastics specializing in difficult material streams, including large mixed rigid plastic (“MRP”). Located in St Louis MO, the company operates as a polyethylene and polypropylene reclaimer. The plant utilizes a proprietary process that is specifically designed to shred, wash, sort, and granulate a mixed material intake and can also process materials with high levels of metal contamination. Rhino owns two parcels of real estate, both of which are leased, and Re-Poly is a tenant. 3. When is the sale? There will be an […]
NOTICE OF PUBLIC DISPOSITION OF COLLATERAL UNDER UNIFORM COMMERCIAL CODE 1. Executive Summary. This is notice of the intention to offer to sell, or cause to be sold, at a public sale conducted in accordance with Article 9 of the Uniform Commercial Code, as enacted in all applicable jurisdictions (“UCC“), and of the invitation to potential buyers to bid at such sale (“Sale”). 2. Date & Location of Sale. August 20, 2020 at 12:00 p.m. (Central Time), at the offices of Goldberg Kohn Ltd., located at 55 E. Monroe, Ste. 3300, Chicago, IL 60603. 3. Name of Companies. EFREIGHT, LLC, EFSWW, LLC (“Borrower“), Cartage Now, LLC, Archgate TMS, LLC, You & I Logistics, LLC, ExactDirect, LLC, efreightsolutions, LLC, and Efreightsolutions Holdings, LLC (“Holdings“) (collectively, “Companies“). 4. Name of Secured Party. Accel-KKR Credit Partners SPV, LLC (“Secured Party“). 5. Asset to be Sold. All of the Companies’ right, title, and interest […]