RALLY CAPITAL SERVICES ANNOUNCES RETURN OF BIDS SALE OF YOUNG’S APPLIANCES, INC., OF GLEN ELLYN, IL   1. Summary:  On Friday, September 15, 2017 Howard B. Samuels, not individually, but solely as Assignee for the Benefit of Creditors (the “Assignee” or the “Seller”) of Young’s Appliances, Inc. (“Young’s” or the “Business”), intends to sell his right, title and interest in and to substantially all tangible and intangible assets (the “Assets”).   2. Background:  On September 6, 2017, Howard B. Samuels, not individually but solely as Assignee for the Benefit of Creditors of the Debtor, received and accepted an Asset Purchase Agreement (“APA”) for the Assignee’s right, title and interest in and to certain Assets of the Company’s tangible and intangible operating assets and rights of any and every kind, used or usable in the Company’s business, subject to all liens, claims and encumbrances of record, as a single lot as […]

NOTICE OF ASSIGNEE SALE RAINBOW BOOKS, INC.   NOTICE IS HEREBY GIVEN that March 22, 2017 at 10:00 a.m., at the office of Frontline Real Estate Partners, LLC, 477 Elm Place, Highland Park, IL 60035, Joshua E. Joseph, not individually, but solely as Trustee-Assignee for the Benefit of Creditors (the “Assignee”) of Rainbow Books, Inc. (“Rainbow”) intends to sell his right, title and interest in and to certain of the assets, as described below, of Rainbow Books, Inc. (the “Auction”).   ASSETS TO BE SOLD AT AUCTION:At the Auction, the Assignee intends to offer for sale, all of the Assignee’s right, title and interest in and to specified inventory, specified tangible personal property including access to the server housing the Software, all tradeshow and marketing items, tradenames, records, intangible property including, but not limited to, software, software licenses, webhosting agreement, new orders and goodwill and other assets as set forth […]

HOWARD B. SAMUELS, AS ASSIGNEE FOR THE BENEFIT OF CREDITORS OF GOURMET GRAM INT., INC. D/B/A LOBSTER GRAM INTERNATIONAL, INC. ANNOUNCES PUBLIC AUCTION OF ALL OF LOBSTER GRAM’S RIGHT, TITLE AND INTEREST IN AND TO ALL OF ITS ASSETS   Howard B. Samuels, not individually, but solely as Assignee for the Benefit of Creditors (the “Assignee“) of Gourmet Gram Int., Inc. d/b/a Lobster Gram International, Inc. (“Lobster Gram”), shall hold a public auction (“Auction”) in accordance with Illinois common law to offer for sale all of Lobster Gram’s right, title and interest in and to all of its assets.   The assets for sale consist of all of Lobster Gram’s right, title and interest in and to all of its assets whether tangible or intangible, real or personal or mixed, owned or lease (including indirect and other forms of beneficial interest) wherever located and by whomever possessed including but not […]

HOWARD B. SAMUELS, NOT INDIVIDUALLY, BUT SOLELY AS ASSIGNEE FOR THE BENEFIT OF CREDITORS (“ASSIGNEE”) OF FARMEDHERE, LLC (“FARMEDHERE”) ANNOUNCES SALE OF ASSETS (“ASSETS”)   1. Sale The Assignee will conduct a sale of the Assets (“Sale”) on Thursday, February 23, 2017 at 2:00 pm CT (“Sale Date”).  The Assets will be offered as two separate lots: The Assets to be sold in Lot 1 include but are not limited to trademarks, copyrights, patents, trade secrets, trade dress, and any other known or unknown intellectual property related to FarmedHere or its business, including but not limited to specifically: The domain www.farmedhere.com (to the extent assignable) as well as all farmedhere.com email addresses (to the extent assignable), all FarmedHere social media accounts including but not limited to Twitter, Facebook, Instagram and Pintrest (to the extent assignable); United States Trademark Reg. Nos. 5026385 and 4292224, all UPC codes, Ceres software platform, all […]

JOINT NOTICE OF PUBLIC SALE BY THE SECURED CREDITOR AND ASSIGNEE FOR THE BENEFIT OF CREDITORS OF MIDWEST EXCHANGE ENTERPRISES, INC. SALE OF ASSETS: On Wednesday, September 28, 2016 Howard B. Samuels, not individually, but solely as Assignee for the Benefit of Creditors (the “Assignee”) of Midwest Exchange Enterprises., Inc. (“Midwest Exchange”), intends to sell his right, title and interest in and to certain assets as more fully described below.  The Assets sold or to be sold will be offered as a single lot.  The Assets to be sold include the Starlinger Solid State Polycondensation line S/N 13003VII20 and any pieces or components related thereto stored in Batavia, IL and in Northlake, IL (collectively, the “Assets”).  Midwest Exchange was previously engaged as a plastic recycling facility that washed, dried and ground post-consumer (used) PET plastic bottles clean re-usable plastic flake for remanufacture. TERMS & CONDITIONS:  An Assignee’s Return of Bids Sale (the […]

Lee E. Buchwald, the Chapter 7 trustee of Magnesium Corporation of America and Renco Metals, Inc. (“Debtors”), announces a bankruptcy auction of an interest in certain litigation claims against The Renco Group, Inc. and Ira Leon Rennert, consisting of a fully-bonded $213 million judgment currently on appeal. The stalking horse bidder, an affiliate of litigation funder Gerchen Keller Capital, LLC, has submitted a bid of $25 million, subject to better offers which are due by August 9, 2016. On August 2, 2001 (the “Petition Date”), Magnesium Corporation of America (“MagCorp”) and Renco Metals, Inc. (“Metals”) (MagCorp and Metals together, the “Debtors”) each filed a voluntary petition for relief under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”). By order dated September 25, 2003, the Debtors’ cases were converted to cases under Chapter 7 of the Bankruptcy Code. On September 25, 2003, Lee E. Buchwald was […]

NOTICE OF PUBLIC SALE BY ORDER OF ASSIGNEE FOR THE BENEFIT OF CREDITORS OF OLYMPIC OIL LTD. SALE OF ASSETS: Notice is hereby given that on Monday, July 25, 2016 at 2:00 pm, central time (the “Date of Sale”), in the offices of Rally Capital Services, LLC, 350 North LaSalle St, Suite 1100, Chicago, IL 60654, that Howard B. Samuels, not individually, but solely as Assignee for the Benefit of Creditors of Olympic Oil Ltd. (the “Assignee”), shall hold a public auction in accordance with Illinois common law to offer for sale all of Olympic Oil Ltd.’s right, title and interest in and to all of its assets whether tangible or intangible, real or personal or mixed, owned or lease (including indirect and other forms of beneficial interest) wherever located and by whomever possessed including but not limited to: (a) all tangible property, including but not limited to, cash, accounts receivable, office furniture, fixtures, […]

Assignee’s Return of Bids Sale NORTH SHORE METALS, INC. 1121-L LAKE COOK RD. DEERFIELD, IL 60015   SALE OF ASSETS:  On March 25, 2016 Howard B. Samuels, not individually, but solely as Assignee for the Benefit of Creditors (the “Assignee”) of North Shore Metals., Inc. (“North Shore”), intends to sell his right, title and interest in and to certain assets (the “Assets”) as more fully described below.  The Assets sold or to be sold will be offered as a single lot.  The Assets to be sold include the office furniture and computer equipment, the intangible Assets, including but not limited to all customer and supply records and mailing lists relating to North Shore Metals, Inc.; the right to the name “North Shore Metals, Inc.” and all derivative names; Company’s telephone and fax numbers and listings; all software; all rights and interests in all intellectual property including without limitation copyrights, trademarks […]

By authority granted by CSI Products, Inc., a Missouri corporation (“Debtor”), to Big Shoulders Capital, LLC, an Illinois limited liability company, successor-in-interest to CommunityAmerica Credit Union, a Missouri state chartered credit union (“Secured Party”), pursuant to: (i) that certain Commercial Security Agreement dated March 3, 2011 executed by Debtor in favor of Secured Party (as the same may have been modified and amended from time to time); and (ii) that certain Commercial Security Agreement dated March 3, 2011 executed by Debtor in favor of Secured Party (as the same may have been modified and amended from time to time), the following personal property of Debtor (the “Property”) will be sold at public auction on behalf of Secured Party pursuant to Article 9 of the Missouri Uniform Commercial Code (capitalized terms are defined by the Missouri Uniform Commercial Code): All Inventory, Chattel Paper, Accounts, Equipment, General Intangibles, and Consumer Goods (the “Collateral”), all […]

PLEASE TAKE NOTICE that pursuant to Section 5/9-610 of the Illinois Uniform commercial Code and that certain Term Promissory Note and Security Agreement dated November 3, 2014 (as amended, restated, or otherwise modified from time to time the (the “Loan Agreement”), by and among Loeb Term Solutions, LLC, an Illinois limited liability company (the “Lender”) and Pure Metal Recycling LLC, an Illinois limited liability company (the “Borrower”), and various other “Loan Documents” as defined therein, the Lender will sell all of the Borrower’s right, title, and interest in and to all of the Assets (defined below), subject to the terms and conditions set forth herein below, at a public sale (the “Sale”) at 9:30 a.m., prevailing Chicago time, on January 29, 2016 (the “Sale Date”) at the offices of Barnes & Thornburg, LLP, One North Wacker Drive, Suite 4400, in Chicago, Illinois, 60606. The Assets secure the repayment of the indebtedness of the […]