This is a public record generated listing.

Assets of Buildable Mini Figurines Manufacturer Business

Please note that this listing has expired. To view active listings, please subscribe to one of our plans.
Add to Dashboard

Listing Information

Attachments

Assets of Buildable Mini Figurines Manufacturer Business



Price: $500,000.00


Other Item Info
Item #: mabke_477145
Created: 02/17/2018
Category: Business Property > All Assets or Going Concerns > General Industrials
Sale Location: Boston, Massachusetts
Sale Date: Wed. Feb 28, 2018
Seller Info
Jeffrey D. Sternklar
Debtor's Attorney
26th Floor 225 Franklin Street
Boston, MA 02110
6177335171
Bankruptcy Info
Case #: 4:17-bk-41261
Case Title: Oyotoyo, Inc. and Oyo Sportstoys, Inc.
Court: Massachusetts Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents

Description

Sale of substantially all of assets of the Oyotoyo, Inc. and Oyo Sportstoys, Inc., which include:

  • All inventory, raw materials, work in process, goods, supplies, goods in transit having a minimum value at cost of $800,000 as of the Closing Date;
  • All business records, customer lists, supplier lists, any goodwill, referral sources, trade secrets, tradenames and all related names and derivations, trademarks, service marks, trademark and service mark applications, patents and patent applications, copyrights, internet domain names, web pages, email addresses, telephone and fax numbers, proprietary information, trade secrets, software and software licenses, and all documentary evidence thereof (including records, files, reports, computer tapes or disks, or other media on or in which the same be evidenced or documented) and all applications, registrations and recordings relating to any of the foregoing, and including all income, royalties, damages and payments due or payable to Debtors now or hereafter (including, without limitation, damages and payments for past or future infringements or misappropriations thereof), formulae, processes, compounds, drawings, designs, blueprints, surveys, reports, manuals, and operating standards, the right to sue and recover for past, present and future infringements or misappropriations thereof, and any and all corresponding rights that now or hereafter may be secured throughout the world;
  • All contracts and leases (other than sports licenses (the "Licenses") included in Excluded Assets) to which either Debtor is a party or that otherwise relate to the Debtors' businesses or the Purchased Assets and that are designated by the Purchaser in accordance with Subparagraph d. below, including, without limitation, open purchase orders with the Debtors' customers;
  • All owned equipment, wherever located, including machinery, data processing, computer server(s) and other computer equipment (whether owned or leased and including embedded software), vehicles, tools, furniture, fixtures, all attachments, accessions and property affixed thereto or used in connection therewith, and substitutions and replacements thereof, wherever located;
  • All rights, claims, causes of action, credits, rights of set off and lawsuits that either Debtor has or may have against third parties relating to the Debtors' businesses or the Purchased Assets whether asserted or unasserted other than any claims or causes of action against The Bridge Direct, Inc. and objections of the Debtors to claims against them up to the asserted amount of such claims, provided, further, that the parties will negotiate in good faith the additional consideration, if any, to be paid by Purchaser if it decides to acquire any causes of action under chapter 5 of the Bankruptcy Code;
  • All right, title and interest of the Debtors in and to any and all causes of action under 11 U.S.C. ยง547 against Martin Hanssmann and Daryl McKay, or their affiliated entities; and
  • To the extent legally assignable, all rights of either Debtor to enforce, for the benefit of the Purchaser, any confidentiality and/or restrictive covenant agreement related to the Debtors' businesses or the Purchased Assets, whether with current or former employees, shareholders, vendors, contractors, consultants, other potential purchasers or otherwise;

Sale Location

Javascript is required to view this map.
225 Franklin Street
Boston, MA, 02110

Additional Details

  1. Auction Time: 10:00 a.m.
  2. Sale Hearing held on March 12, 2018.
  3. Bid Amount: $535,000
  4. Bid Deposit: 10% of the proposed purchase price
  5. Bid Deadline: February 26, 2018
  6. Last date to respond: March 8, 2018


Other Information

Terms and Conditions:

See Attached.


Subscribe to our free newsletters

* indicates required
Send me information about...
Choose the CaseFolder where you want to see this Deal, or create a new CaseFolder Lite.