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Assets of Electrical Contracting and Engineering Company
Listing Information
Attachments
Assets of Electrical Contracting and Engineering Company
Price: $1,450,000.00
Other Item Info
Item #: cacbke_1770346
Created: 04/25/2017
Category: Business Property > All Assets or Going Concerns > General Industrials
Sale Location: Los Angeles, California
Sale Date: Thu. May 11, 2017
Created: 04/25/2017
Category: Business Property > All Assets or Going Concerns > General Industrials
Sale Location: Los Angeles, California
Sale Date: Thu. May 11, 2017
Seller Info
Jacqueline L James
Debtor's Attorney
10250 Constellation Blvd Ste 1700
Los Angeles, CA 90067
310-229-1234
Debtor's Attorney
10250 Constellation Blvd Ste 1700
Los Angeles, CA 90067
310-229-1234
Bankruptcy Info
Case #: 2:16-bk-25619
Case Title: Steiny and Company, Inc.
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Steiny and Company, Inc.
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of substantially all of the assets ofSteiny and Company, Inc., described as below:
- All of the Debtor’s executory contracts and unexpired leased that the Buyer elects to have assigned it by the Debtor subject to the terms of the APA (the “Assigned Contracts”), but which is currently expected to consist of 45 of the Debtor’s non-bonded contracts with its clients and several other types of executory contracts and unexpired leases, including certain vehicle and equipment leases;
- All accounts receivable related to the Assigned Contracts or other rights to receive payment for services or products provided by Seller in connection with the Assigned Contracts as of the Closing Date;
- All machinery, plant, vehicles, small tools, equipment, computers, inventory, spare parts fittings, supplies and other tangible personal property of the Debtor;
- All of the Seller names, including the name “Steiny and Company”,2 and all trademarks;
- All of the Seller “Intellectual Property Rights” (as defined in the APA);
- All rights under “Governmental Authorizations, Licenses & Permits” (as defined in the APA);
- All goodwill;
- All operating data, books and records, including customer lists and information relating to customers and suppliers;
- All other assets, whether tangible or intangible, that are or ever have been used by Seller in its businesses excluding the Excluded Assets
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
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Asset and Liability Summary ($)
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Inventory:
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Real Estate:
Total Assets:
Liabilities to assume:
Additional Details
Sale Hearing Time: 10:00 a.m
Bid Amount: $1,550,000
Bid Deposit: $155,000
Bid Increment: $50,000
Bid Deadline: Two business days before the date of the Sale Hearing