December 15, 2020
Receive this Newsletter
 

Public Notice of Assignee Sale: Subscription-Based Women's Activewear Brand

LOI deadline is December 21st. Insolvency Services Group announces sale of all assets of this EBITA positive $5 million revenue company.

More information on DailyDAC here.
 

“I Told You Not to be Stupid, You Moron.”

Remember when Hertz had the audacity to sell common stock during its chapter 11 a few months back, until the SEC said to stop?

Well, AMC’s stock slid yesterday on news of AMC Entertainment’s equally audacious plan to sell more than the total number of shares of its own stock than are currently outstanding. Traders may make some money on the ups and downs that will be coming, especially given that the Save Our Stages Act could be passed any day now, but the idea of investing (rather than speculating) in AMC Entertainment stock today is outlandish. To learn more, and to learn a little about the Absolute Priority Rule and the concept of fulcrum security, read Want to Buy a Bridge? No? Then Do Not Buy AMC Stock.
 

Distressed Debt Investing

Investing in the debt securities (or debt obligations that are not securities), while not for the faint of heart, is a different matter. Investing in Bankruptcy Claims as a Cash Investment, An Introduction to Bankruptcy Claims Trading, and Meridian Sunrise Village: Risks of Loan-to-Own Strategy provide a thorough yet succinct overview of the topic.
 

Sponsorship Opportunities

This is the time of year DailyDAC / Financial Poise seeks sponsors for its next webinar season, which begins in late January. Financial Poise's webinars will be purchased in 2021 by more than 30,000 attorneys + large number of business owners, executives, and accredited investors. Our newsletters and websites are read by far larger numbers. DailyDAC / Financial Poise limits the number of sponsorships so that no sponsor is drowned out by the noise of too many other sponsors, and sponsorships are category exclusive so that a sponsor knows a competitor will not also be a sponsor. Email [email protected] to express your interest in having a conversation.
Latest Deals Added to the Opportunistic Deal Database
The deals listed here were added to the ODD throughout the seven day period ending this past Sunday. The number in parentheses next to each deal is its unique ID number, included so our paid subscribers can easily find these deals on our website.

Secured Party Sales

  1. Pledged Interest - Membership interest certificate - (26406)
  2. Construction & utility equipment - Multiple lots - (26360)
  3. Pledged interest - security agreement - (26407)
  4. 2,851 sq. ft. commercial Building - (26409)
  5. Coin collection - (26408)

Private Company Sales

  1. Luxury lifestyle brand - Intellectual property - (26379)
  2. Warehouse portfolio - 5 new construction - (26378)
  3. Retail property - 17.85 acres - (26377)
  4. Hi-tech luggage manufacturer - (26380)
  5. Commercial beverage license - (26376)

Assignment for the Benefit of Creditors Sales

  1. Supplier of automotive refinishing equipment - (26359)
  2. Subscription-based woman’s activewear brand - (26358)
  3. Inventory - women's shoe retailer - (26392)

Chapter 11 - 363 Sales

  1. Production/R&D Lab Equipment + Intellectual Property - (26418)
  2. 28,000 SF Specialty Building - (26415)
  3. Behavioral health clinic - (26416)
  4. 5 Leasehold interests - (26414)
  5. Metal fabricator - (26412)

Chapter 11 - Investment Banker Application Filed

  1. No new deals add this past week.

Chapter 11 - Case Filing Indicates Future Asset Sale

  1. Oilfield services company - (26397)

Chapter 7 - Sale of Business Assets

  1. Office equipment - Multiple lots - (26393)
  2. Industrial maintenance company - (26410)
  3. Branded motorcycle dealership - (26394)
  4. Jewelry, mountings & diamonds - (26395)
  5. 21.9 acre property - (26396)

Chapter 12 Bankruptcy

  1. Farmland - 124 acres - 16 tracts - (26399)
  2. Farmland - 92 acre tract - (26398)

Rating Agency Alerts/Other Signs of Distress

  1. Manufacturer of wearable robotic exoskeletons - (26388)
  2. Telecommunications services company - (26387)
  3. Management services firm - (26390)
  4. Tourism services company - (26391)
  5. Women's wear retailer - (26389)

Auctions

  1. Historic stocks & bonds - Memorabilia - (26356)
  2. Industrial & Lab Equipment - (26421)
  3. Custom wheel manufacturer - (26420)
  4. Americana art collection - (26357)
  5. Manufacturing facility - (26419)

Other Interesting Sales

  1. Productive farmland - 114.6 surveyed acres - (26373)
  2. Developer of nutritional supplements - (26375)
  3. Three farmland parcels - 229 acres - (26372)
  4. Farmland - 7 tracts - 700 acres - (26374)
  5. Farmland - 1,471 acres - (26371)

Bulk Sales

  1. Automotive detailing business (w/equipment) - (26353)
  2. Pizza restaurant franchise - (26351)
  3. Restaurant (w/equipment) - (26349)
  4. Gourmet donut shop - (26350)
  5. Beverage retailer - (26352)

Receiverships

  1. Office equipment - Multiple lots - (26382)
  2. Heavy machinery manufacturer - (26385)
  3. Wholesaler of pulse crops - (26384)
  4. Pharmacy retailer - (26383)
  5. Door manufacturer - (26381)

Mass/Significant Layoffs

  1. Molded automotive components plant - (26370)
  2. Fabricated metals manufacturer - (26367)
  3. Flexible label manufacturer - (26369)
  4. Oil & gas producer - (26368)
  5. Domestic airline - (26366)

Plant/Facility Closings

  1. Chain of financial services/banking branches - (26355)
  2. Automotive industry supplier - (26402)
  3. Freight trucking business - (26404)
  4. Coal mining business - (26401)
  5. Ammunition supplier - (26403)
View All Deals on DailyDac.com
 
DailyDAC, LLC
1954 First Street, Suite 178
Highland Park, IL 60035
847-463-9530
[email protected]