Chapter 11 363 Sale of substantially all assets as a going concern. Preliminary Bid Deadline is November 30th; auction is December 13th. Based in Ames, Iowa, Cycle Force Group LLC is an importer and distributor of bicycles, parts, and accessories with sales into multi-channels throughout North America. The investment Banker is Ravinia Capital LLC.
Article 9 Sale of 100% LLC interest in the owner of Deerpath Plaza, a/k/a 225 E. Deerpath, Lake Forest, IL 60045. Must become a qualified bidder prior to the November 17th auction date. Auctioneer is Mannion Auctions.
If you are a lender thinking about foreclosing on a company’s assets, or a business owner thinking of agreeing to an assignment for the benefit of creditors or a friendly foreclosure, think again. And say hello to your little friend: Subchapter V of chapter 11. It’s chapter 11 but better.
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