Ravinia Capital will sell the assets of medical equipment manufacturer Allied Healthcare Products in a 363 sale to be held in mid to late June. The company is being split into two assets: Project Allied, the St. Louis portion, and Project White Gold, the Stuyvesant Falls portion. For more information, read the full public notice here on DailyDAC. 

BRES Holdings LLC will sell the assets pledged as collateral by Tim Hashlamoun and Waseem Hashlamoun in a secured party sale involving KL 3240 LLC. The public sale will be held on June 8th at 12pm CT. For more information, read the full public notice here on DailyDAC.

When looking at a receivership from the perspective of representing the defendant there are several factors to take into account. Understand what type of borrowers do and do not have a defense, and what strategies you should use depending on the case. Learn more about representing the defendant from CRA member Robert Eggman, Principal at Carmody MacDonald, in this episode of the Receivership 101 Video Series: Representing the Defendant.

The collateral description wording can sometimes get overlooked during the drafting process of a security agreement or financing statement. Learn what simple mistakes to be aware of to ensure secured creditors get what they bargained for and expensive disputes are avoided. Read 6 Common Mistakes in Drafting Collateral Descriptions for more.