PLEASE TAKE NOTICE that on September 10, 2019, at 11:00 a.m., New York City, New York time, at the offices of Holland & Knight LLP, 31 West 52nd Street, 12th Floor, New York, NY 10019, a public sale shall be conducted of the personal and fixture property, whether previously, now or hereafter, constituting the items generally described below, and more specifically described in a public foreclosure sale notice transmitted to the Debtors (collectively, the “Collateral”), of THE CREDIT JUNCTION HOLDINGS, INC. (“Parent”), TCJ II, LLC (“Borrower”) and TCJ I, LLC (“TCJ I” and, together with Borrower and Parent, each individually, a “Debtor” and collectively, the “Debtors”).
This sale is being held to enforce the rights of MIDCAP FINANCIAL TRUST, as first and second lien agent for itself and certain other first and second lien lenders (“Secured Party”) to the Debtors.
The Collateral will be sold to the highest qualified bidder for cash, or the credit against outstanding indebtedness held by the Secured Party or for which the Secured Party is entitled by contract or applicable law to bid. Please be advised that Secured Party, and any assignees of the Secured Party, reserve their right to credit bid, and may credit bid, at the public sale of the Collateral.
There will be no warranty made or provided relating to title, possession, quiet enjoyment or the like in connection with the disposition.
To be a qualified bidder, a prospective bidder must contact counsel for the Secured Party at [email protected] or (214) 964-9481 on or before 5:00 p.m. (New York City time) on September 9, 2019, providing current contact information and such adequate assurances of bidder’s ability to perform as the Secured Party may reasonably request. The highest qualified bidder will be required to deposit the full amount of the bid price in escrow with Holland & Knight LLP by way of a bank wire that is received by Holland & Knight LLP, no later than September 10, 2019, at 5:00 p.m., New York City time. Interested parties who would like additional information should contact Brent R. McIlwain, counsel for the Secured Party.
TCJ II, LLC:
TCJ I, LLC:
The Credit Junction Holdings, Inc.:
|Trademark||Country||Serial Number||Reg. No.||Reg. Date|
|THE CREDIT JUNCTION||United States of America||86232757||4691081||February 24, 2015|
|CREDIT JUNCTION||United States of America||86232733||4691080||February 24, 2015|
Auctioneer and Buyer’s Premium: Maltz Auctions, Inc.is exclusively acting as Secured Party’s marketing agent and auctioneer, and the auction sale will be conducted by one or more of the licensed auctioneers from Maltz Auctions listed below (the “Auctioneer”). A four percent (4%) Buyer’s Premium will be added to the successful bidder’s high bid to determine the contract price to be paid by the successful bidder.
Richard B. Maltz, Auctioneer DCA# 1240836
David A. Constantino, Auctioneer DCA# 1424944
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022 Fax (516) 349-0105
Terms of the Sale: These assets are being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the asset is made by the Seller, Auctioneer, or any of their Agents.
DailyDAC™ is the oldest, most trusted, and most widely used provider of public notices of asset sales and case commencements, and other important notices involving companies in financial distress in the United States and Canada. DailyDAC™ public notices are used by bankruptcy trustees, chapter 11 debtors in possession, federal and state court receivers, and secured parties disposing of their collateral under Article 9 of the Uniform Commercial Code or other state law trust (and their respective auction firms, law firms, and other agents). Learn more.
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