DailyDAC's Distressed Asset Central Weekly
Tuesday, November 22, 2022
Public Notice of Sales
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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.

Chapter 11 Sale of Real Property Assets of Victoria Towers Development Corp.

Two separate public auctions are being held to sell in real property located at 133-38 Sanford Avenue, Flushing, New York. The auction will be held on December 7th. The first sale, held at 10am ET, will auction 36 condo units, and the second sale, held at 1pm ET, will auction 13 condo units. Qualified bids are due by December 2nd. See the full public notice on DailyDAC.

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

Digging into DIP Financing & Cash Collateral

Though lending to a company in bankruptcy may sound strange, it’s not only possible, but common (and can be profitable). Understand the many intricacies of DIP financing and cash collateral in Dealing with Corporate Distress 15: Digging into DIP Financing & Cash Collateral Motions in Bankruptcy.

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Distressed Deal Data

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Public Notices

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

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