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PUBLIC NOTICE OF ARTICLE 9 SALE: PPS MSO HOLDINGS LLC

NOTICE DISPOSITION OF COLLATERAL AT PUBLIC AUCTION

PPS MSO HOLDINGS LLC

 

Via public auction (the “Auction”) on August 29, 2024 at 1:00 p.m., EDT, at the offices of Stradley Ronon Stevens & Young, LLP, 2005 Market Street, Suite 2600, Philadelphia, PA 19103, and offered virtually (instructions to be provided to Qualified Bidders), White Oak Global Advisors, LLC (“Secured Party”) will sell 100% of the membership interests (the “Interest”) owned by PPS MSO Holdings LLC (the “Debtor”) in Prime Plastic Surgery Management LLC, a Delaware limited liability company (the “Company”), to the highest Qualified Bidder.

The Company is the management company for certain plastic surgery centers located in San Diego and Sacramento, California and Washington DC. The Company and other obligated parties will remain obligated for any deficiency on the debt owed to Secured Party existing after the sale of the Interest. The Interest shall be sold AS IS, WHERE IS, WITH ALL FAULTS, with no express or implied warranties, representations, statements or conditions of any kind made by the Secured Party and without recourse to the Secured Party.  There is no warranty relating to title, possession, quiet enjoyment, or the like in this disposition.

Secured Party shall have the right: to reject all bids, to terminate or adjourn the Auction one or more times on such terms and conditions announced at the Auction, and to bid for the Interest at the sale and to credit bid by applying some or all of its secured debt to the purchase price.  No further publication or other notice of any kind of such adjournment shall be required for any such adjournment.

Only Qualified Bidders may participate in the Auction. Among other requirements, no later than August 22, 2024 at 1:00 P.M. (EDT) Qualified Bidders will be required to submit Qualified Bids.

Interested parties who would like additional information regarding the Interest and the eligibility requirements to become a Qualified Bidder should contact Gretchen Santamour at (215) 564-8523 or Julie Murphy at (856) 321-2409.

 

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