R. Wayne Klein, Receiver for U.S. Ventures LC, Winsome Investment Trust, and all the assets of Robert J. Andres and Robert L. Holloway (the “Receiver”) in the civil case styled as U.S. Commodity Futures Trading Commission v. U.S. Ventures LC, et al, Civ. Case No. 2:11CV00099 BSJ (D. Utah) (“Civil Case”), gives notice of his intent to sell certain personal property consisting of 26 unsatisfied legal judgments held by the Receiver with face amounts totaling $9,255,807.77 (the “Judgments”) and potential residual assets received after the close of the Receivership (the “Residual Assets”) through a public auction to the highest bidder payable in lawful money of the United States on the 26th day of February, 2019 at the hour of 10:00 a.m. at the Third District Court of Utah, 450 South State Street, Salt Lake City, UT 84111, or as may be continued from time to time by the Receiver (the “Auction”). The Judgments include the following, which shall be sold in five parcels (“Parcels”):
|Judgment Defendant||Case #
(District of Utah)
|William T. Cornelius and Cornelius & Salhab||2:11-cv-1159||$89,845.73|
|King & King & Jones; David Jones note (less amounts paid, $1,258.78 paid as of 1/11/19)||2:12-cv-51||$21,000.00|
|Warren Wai Hung Chiu (less amounts paid, $11,900 paid as of 1/11/19)||2:12-cv-116||$767,570.63|
|Al and Cherylyn Sellers||2:11-cv-950||$144,200.00|
|Jesus Enrique Baca Delgado||2:12-cv-105||$75,100.00|
|Khiem Allen Le||2:12-cv-77||$127,244.82|
|MME Group /Robert Ruzzo Righetti||2:12-cv-78||$483,000.00|
|Nancy Howe d/b/a Howe Financial and Leo Renaud||2:11-cv-1160||$2,279,187.71|
|Onti Management Group and Robert Quinton Cook||2:12-cv-117||$25,355.00|
|Wings Over the World and Terry Harper||2:12-cv-23||$335,470.07|
|Residual assets of the Receivership Estate||Not Applicable||Unknown|
The Parcels will be sold at the Auction “as is” with no representations and warranties. Requests for additional information about the Judgments and Residual Assets (including additional amounts paid to the Receiver after the date of the motion) may be obtained upon request made to the Receiver’s counsel at: Manning Curtis Bradshaw & Bednar PLLC, attn: David Castleberry, 136 East South Temple, Suite 1300, Salt Lake City, Utah 84111; firstname.lastname@example.org.
The editors and editorial board of DailyDAC include preeminent restructuring and insolvency professionals, journalists, and editors. They are devoted to providing reliable and plain English education and deal intelligence about assignments, corporate bankruptcy, receiverships, out-of-court workouts an similar topics.
PUBLIC NOTICE: Sale of Single Family Home in Chicago
PUBLIC NOTICE OF UCC SALE: USRealty.com
DEAL DONE! Keen-Summit Capital Partners LLC Sells Former College Campus at Auction
Opportunity to Purchase a Two-Building Industrial Complex in Chicago
PUBLIC NOTICE OF 363 SALE: Industrial Property, Bensenville, IL
PUBLIC NOTICE OF CHAPTER 7 AUCTION: World of Good Tastes, Inc.
Please log in again. The login page will open in a new window. After logging in you can close it and return to this page.
Our weekly newsletter, sent every Tuesday at 9am, includes: