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Assets of Aerospace Parts Manufacturing Business

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Listing Information


Assets of Aerospace Parts Manufacturing Business

Price: Not Specified

Other Item Info
Item #: debke_187944
Created: 12/21/2022
Category: Business Property > All Assets or Going Concerns > Aerospace & Defense
Sale Location: Wilmington, Delaware
Sale Date: Thu. Mar 30, 2023
Seller Info
Marla S. Benedek
Debtor's Attorney
1201 N. Market Street Suite 1001
Wilmington, DE 19801
Bankruptcy Info
Case #: 1:22-bk-10635
Case Title: ASTECH Engineered Products, Inc.
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents


Auction Sale of substantially all of assets of ASTECH Engineered Products, Inc. (the “Seller”), which includes:

  • All right, title, and interest in, to, and under the real property leased by Seller set forth on Schedule 1.1(a)(i) (the “Leased Real Property”;
  • All inventory owned by Seller that, as of the open of business on the Closing Date, located on the Leased Real Property;
  • All fixtures, furniture, furnishings, equipment, leasehold improvements, and other tangible personal property owned or leased by Seller that, as of the open of business on the Closing Date, is located on or at the Leased Real Property;
  • All right, title, and interest of Seller in, to, and under the Contracts (including personal property leases) set forth on Schedule 1.1(a)(iv) (the “Assumed Contracts”);
  • To the extent transferable, all governmental licenses, authorizations, permits, consents, and approvals solely used in the Business;
  • All warranties, guarantees, and similar rights related to the Purchased Assets, including warranties and guarantees made by suppliers, manufacturers, and contractors under the Purchased Assets, and claims against suppliers and other third parties in connection with the Assumed Contracts;
  • All Intellectual Property solely used in the Business;
  • All accounts receivable (whether billed or unbilled) solely arising from the Business;
  • All goodwill solely related to the Purchased Assets and the Business;
  • All books, records, files, invoices, inventory records, product specifications, cost and pricing information, business plans, and quality control records and manuals, in each case to the extent permitted by applicable Laws and to the extent solely related to the Business; and
  • All rights, claims, causes of action, and credits to the extent solely relating to any Purchased Asset or Assumed Liabilities.

Sale Location

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1201 North Market Street, Suite 1001
Wilmington, DE, 19801

Additional Details

  1. Auction Time: 10:00 a.m.
  2. Sale Hearing Held on April 11, 2023, at 10:00 a.m.
  3. Bid Increment: $50,000
  4. Bid Deposit: 10% of the cash purchase price of the Qualified Bid
  5. Bid Deadline: March 24, 2023
  6. Last date to respond: April 6, 2023

Other Information

Terms and Conditions:

See Attached.

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