PUBLIC NOTICE OF UCC FORECLOSURE SALE: Belvedere USA, LLC and Maletti Belvedere, LLC

NOTICE OF PUBLIC SALE OF PERSONAL PROPERTY ASSETS OF
BELVEDERE USA, LLC and MALETTI BELVEDERE, LLC
UNDER UNIFORM COMMERCIAL CODE

PLEASE TAKE NOTICE THAT on March 12, 2024, at the hour of 10:00 a.m. Central Time, PFC Investment/BUSA, LLC (“PFC”), Austin Merchant Capital Co., LLC (“AMCC”), Fin Maletti S.p.A (“FM”), and Maletti S.p.A (“MSPA”), as secured creditors (“Secured Creditors”) of Maletti Belvedere, LLC and Belvedere USA, LLC (collectively, the “Borrower”) will hold a public foreclosure sale at the office of Secured Creditor’s counsel in Rockford, Illinois set forth below under Section 9-610 of the Uniform Commercial Code of all of the personal property collateral pledged to Secured Creditors, including, without limitation, machinery and equipment, inventory, accounts receivable, general intangibles, contract rights and all other personal property assets, other than any collateral specifically excluded by Secured Creditors in their discretion. The Borrower is in the business of the design and sale of salon furniture and equipment, with assets in Belvedere, Illinois and Mexicalli, Mexico.

The sale will be held on a “where is, as is” basis, without any representations and warranties, express or implied. There is no warranty relating to title, possession, quiet enjoyment, access or the like in this disposition. Secured Creditors intend to offer the assets as a single lot.  Secured Creditors reserve the right to designate sublots.

Secured Creditors reserve the right to establish other reasonable bidding procedures and to have potential bidders demonstrate their ability to perform and close to the reasonable satisfaction of Secured Creditors. Secured Creditors reserve the right to credit bid or to increase any credit bid price at the public sale.  Secured Creditors also reserve the right to adjourn, continue or cancel the public sale without further notice. Qualified bidders may be permitted to submit written bids in advance or participate in the public sale via conference call.

Any parties interested in further information about these assets should contact the counsel for the Secured Creditors as set forth below or appear at the foreclosure sale at the time and date set forth above.

Jeffrey E. Hardyman
Hardyman | DiVerde
124 N. Water Street, Suite 100
Rockford, Illinois 61107
(815) 964-8888
[email protected]