Search Results for: "Creditor"
Advice for hard money lenders that have never loaned on raw land before. What special risks does raw land collateral pose to a lender?
The Chapter 11 debtor is subject to reporting obligations which provide parties with financial and business information about the debtor.
The CRA adds new State Directors from East to West with the appointments of Washington D.C.’s Mark Owens and Washington State’s Eric Camm.
RICP V FEEDER AUU, LLC, the Secured Party, will sell at public auction all right, title, interest, claim and estate in and to those certain all limited liability company interests respectively held by (1) RF URBANSEA TIC MEMBER LLC in RF URBANSEA TIC LLC and (2) URBAN UNION STAR MEMBER LLC in RF URBAN UNION. STAR LLC. The auction will be held on June 20, 2024, at 10:00 am ET, by virtual bidding via Zoom. Professionals Involved: Jason Flynn of Eastdil and Matthew D. Mannion of Mannion Auctions, LLC
Closed Loop Fund LP will sell substantially all of the assets of IntegriCo Composites of Louisiana, L.L.C. The sale will be held on May 29, 2024 at 11:00 am CT remotely via Zoom. All of the personal property collateral pledged respectively to Secured Creditor, including the equipment that was acquired with proceeds from the loan of the Secured Creditor and all contracts, equipment, inventory, accounts, general intangibles, instruments, documents and chattel paper and other personal property assets will be sold The Obligor had generally been in the business of manufacturing of composite products created from recycled plastics. Professionals Involved: Robert E. Richards of DENTONS US LLP
The assets of Sky Capital Group LLC d/b/a Roady’s Truck Stops will be sold in a UCC Article 9 sale. Professionals Involved: Jacob Sparks, Esq. of Nelson Mullins Riley & Scarborough LLP
Secured creditors and buyers of distressed assets don’t have to worry about courts limiting their credit bids, but one Delaware case is cause for concern.
The Commercial Receivers Association Prepares to Celebrate its Second Annual Conference in Palm Beach, FL August 18-21, 2024
Creditors looking to pursue a collections action should understand how Chapter 7 and Chapter 13 bankruptcy processes can affect efforts to collect.
OCHO Candy is an organic fair trade chocolate confection manufacturer. The company ceased business operations and entered into an Assignment for the Benefit of Creditors on February 8, 2024. The Assignee is now soliciting bids for the acquisition of OCHO Candy’s portfolio of intellectual property. All interested parties wishing to make competitive offers for the Assets must submit a qualified bid to the Assignee for the Benefit of Creditors no later than April 19, 2024, at 5:00 om CT. Professionals Involved: Tom Frey and Matthew Sorenson of DSI Consulting.