DailyDAC's Distressed Asset Central Weekly
Tuesday, November 15, 2022
Public Notice of Sales
View All Public Notices
ABC Sale of Platform Asset Holdings, LLC and Related Companies

Prior to the assignment, Platform Asset Holdings, LLC and related companies’ business model focused on the production of art fairs, exhibitions, and similar events, including the erection of modular walls, lighting equipment, and trussing. They operated in multiple states, including Florida, New York, and California. Joseph J. Luzinski of DSI Consulting, as assignee, will be selling substantially all of the companies’ assets. Qualifying bids are due by 4:30 pm on November 17, 2022. See the full public notice on DailyDAC.

UCC Article 9 Sale of NXT Communications Corporation (“NXTCOMM”)

The auction date is November 18th. NXTCOMM describes itself thusly: it “empowers connectivity in today's mobile world. Led by satellite veterans who understand the technology and market dynamics, NXTCOMM is developing highly efficient antenna technology and a better implementation model to deliver breakthrough mobile, high-speed connectivity solutions for the satellite and mobility marketplace.” The secured party is represented by John S. Kaplan, Perkins Coie LLP. See the full public notice on DailyDAC.

Chapter 11 363 Sale of Vanguard Wines, LLC (“Debtor”)

The bid deadline is November 23rd. The Debtor is a distributor of wine and spirits, licensed in the states of Ohio, Kentucky, and Indiana. It has entered into a Stalking Horse APA with Vanguard Wine Holdings Inc., an affiliate of Boutinot USA, Inc. The Debtor is represented by Richard K. Stovall, Allen Stovall Neuman & Ashton LLP. See the full public notice on DailyDAC

UCC Article 9 Sale of Demand Note Issued by Connie’s Naturals

Secured Creditor Brent Ullman Group, LLC will sell all of the rights, title, and interests of Cross Borders, LLC in a Demand Note dated February 15, 2017 issued by Connie’s Naturals, LLC n/k/a MJS-CN, LLC on November 22nd at 9am CT. Counsel for the Secured Creditor is Timothy R. Casey of Faegre Drinker Biddle & Reath, LLP. See the full public notice on DailyDAC.

Restructuring Network.com

RestructuringNetwork.com is a fairly new networking platform that is open at no charge to anyone who considers themselves a member of the corporate restructuring/insolvency community. This includes buyers of distressed assets, distressed debt investors, corporate restructuring attorneys, turnaround advisors, accountants, investment bankers, auctioneers, etc. DailyDAC is a proud sponsor.

    Each meeting of RestructuringNetwork.com has a simple and elegant agenda: (a) one or two speakers present for 10 minutes on a substantive topic and (b) 50 minutes of networking, during which each attendee is matched over and over with one other attendee at a time for a series of ‘speed networking’ sessions.

    Simple to sign-up for, simple to attend, RestructuringNetwork.com’s next event is from Noon-1 pm ET on November 16th. You can register here.

    Have a sale or auction that needs public notice? Learn more here.

    Filing and Amending Claims in a Bankruptcy Case

    What should you do when you hold a claim in a bankruptcy case? Understand what details to be aware of when filing and amending claims (like what can get your claim thrown out and the priority of your claim) in Michael Schwarzmann and David Gottlieb’s Filing and Amending Claims in a Bankruptcy Case.

    Devil’s Dictionary Says: “Discharge”

    As the Devil’s Dictionary of Bankruptcy Terms explains, a “discharge” is “the ultimate goal of the bankruptcy debtor. Discharge enjoins creditors from prosecuting most and sometimes all claims they may have with respect to the debtor’s prepetition obligations.” Read the full Devil’s Dictionary definition

    More DailyDAC Tools...

    DailyDAC offers a variety of free and paid tools for bankruptcy professionals.

    Chapter 11 Alerts

    Free email notifications of recent chapter 11 filings from across the U.S.

    Bankruptcy Webinars

    High quality educational webinars provided by Financial Poise Webinars.

    Assignee Directory

    A comprehensive directory of experienced assignees who have served as an ABC.

    Auctioneer Directory

    A list of auctioneers in the "distressed and surplus" asset space.

    Distressed Deal Data

    Weekly newsletter and online database of distressed investment opportunities.

    Public Notices

    Publicize your auction or other urgent sale to a large, self-selected segment of qualified bidders and their advisors.

    twitter linkedin youtube

    Advertise with DailyDAC

    Newsletter ads and webinar sponsorships available.
    Check out our Media Kit for more information
    .

     

    View Email in Browser

    DailyDAC

    1954 First St, Suite 178
    Highland Park, IL 60035

    newsletter@dailydac.com
    Unsubscribe