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Assets of Computer Peripheral Equipment Distributor

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Assets of Computer Peripheral Equipment Distributor



Price: $1,025,000.00


Other Item Info
Item #: mnbke_441482
Created: 10/31/2017
Category: Business Property > All Assets or Going Concerns > General Retailers
Sale Date: Wed. Nov 8, 2017
Seller Info
Robert T. Kugler
Debtor's Attorney
150 South Fifth Street Suite 2300
Minneapolis, MN 55402
612-335-1645
Bankruptcy Info
Case #: 4:17-bk-42726
Case Title: WYNIT Distribution LLC
Court: Minnesota Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents

Description

Sale of assets of WYNIT Distribution LLC which includes:

  1. all of the Sellers’ inventory of the Encore Software business including finished goods, work in process, raw materials, operating supplies, packaging and shipping materials, and replacement, spare and component parts;
  2. all of the Sellers’ executory contracts and unexpired leases relating to the Encore Software business assumed and assigned to the Buyer;
  3. all of the Sellers’ intellectual property used by the Sellers in connection with the Encore Software business, including all documentation relating to,constituting or describing the intellectual property and all rights thereunder;
  4. all of the Sellers’ customer data used or intended to be used in connection with the Encore Software business;
  5. all of the Sellers’ personal property used or intended to be used in connection with the Encore Software business, including, personal computers, servers, hardware and other tangible property;
  6. all of the Sellers’ deposits and prepaid charges and expenses related to the Encore Assets and any executory contracts assumed by the Buyer;
  7. to the extent assignable, all of the Sellers’ governmental authorizations and all pending applications therefor or renewals thereof with respect to the Encore Software business; and
  8. all other rights, privileges and interests of the Sellers associated with the Encore Assets used or intended for use in connection with, or necessary to the continued operation of, the Encore Software business.

Additional Details

  1. Auction time: 9:00 A.M
  2. Sale hearing on November 9, 2017
  3. Minimum Bid: at least $55,000 higher then current price
  4. Bid increment: $25,000.00
  5. Bid deposit: $50,000.00.00
  6. Bid deadline: November 20, 2017
  7. Last date to respond: November 8, 2017


Other Information

Terms and Conditions:

See Attached.


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