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Assets of Energy Products and Services Business

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Listing Information

Attachments

Assets of Energy Products and Services Business



Price: $8,100,000.00


Other Item Info
Item #: paebke_481215
Created: 08/29/2018
Category: Business Property > All Assets or Going Concerns > Alternative Energy
Sale Date: None Set
Seller Info
JASON CHRISTOPHER MANFREY
Trustee's Attorney
2000 Market Street 20th Floor
Philadelphia, PA 19106
215-299-2000
Bankruptcy Info
Case #: 4:18-bk-13774
Case Title: Worley & Obetz, Inc.
Court: Pennsylvania Eastern Bankruptcy Court
Chapter: 7
View Case Docket

See More Documents

Description

Sale of substantially all of assets of the Worley & Obetz, Inc., et al., which includes:

  • The Acquired Owned Real Property set forth on Schedule 2.1(a) to the Agreement, which consists of the real property, together with all improvements, located at (i) 85 Oak Road, Manheim, PA 17545, (ii)107 Maytown Road, Elizabethtown, PA 17022, (iii) 24 New Charlotte Street, Manheim, PA 17545, and (iv) any additions or deletions to Schedule 2.1(a) that the proposed Purchaser advises the Trustee of within two (2) Business Days before the approval hearing (as defined collectively in the APA as the “Acquired Owned Real Property”);
  • The Assumed Contracts set forth on Schedule 2.1(b) to the Agreement;
  • All inventory, including, without limitation, that set forth on Schedule 2.1(c) to the Agreement, including, but not limited to, propane, gasoline, kerosene, diesel, diesel exhaust fluid, retail and wholesale inventory for sale or distribution of any kind except to the extent contained in an Excluded Asset;
  • any accounts receivable and all proceeds arising therefrom arising from and after the Petition Date and out of or in connection with the Assumed Contracts (collectively, the “Assumed Contracts A/R”);
  • All tangible personal property and intangible property whether located on Acquired Owned Real Property, Leased Real Property, other real property, in transit, or in the possession of any Person, including, but not limited to, all machinery, equipment, storage tanks and vessels, pumps, dispensers, displays, spare parts, signage, industry memorabilia, tools, vehicles, computers (but excluding laptops), mobile phones, personal digital assistants, computer equipment (but excluding laptops), hardware, peripherals, information technology infrastructure, telephone systems, furniture, fixtures, furnishings, office supplies, production supplies, other miscellaneous supplies and other tangible personal property of any kind, including, without limitation, that set forth on Schedule 2.1(e) to the Agreement;
  • All Permits set forth on Schedule 2.1(f) to the Agreement to the extent the same may be assigned consistent with their terms;
  • All Intellectual Property Rights, including, without limitation, the items set forth on Schedule 2.1(g) to the Agreement;
  • All cars, trucks, trailers, forklifts, other industrial vehicles, other motor vehicles, and boats and watercrafts whether powered or unpowered, including, without limitation, those set forth on Schedule 2.1(h) to the Agreement and any personal property located on or within such vehicles, boats and watercrafts;
  • All deposit or prepaid charges and expenses paid exclusively in connection with or relating exclusively to any Purchased Asset;
  • All books, records, files and papers of the Debtors relating to the Business or the Purchased Assets, including equipment logs, service books and records, operating guides and manuals, creative materials, advertising materials, promotional materials, studies, reports, correspondence and other similar documents and records (all in the state in which such records and information currently exist), provided that the Trustee shall be entitled to access such books, records, files, computer systems, and papers with reasonable notice;
  • All goodwill directly arising from, related to or resulting from the Business;
  • and
  • All Lots of Purchased Assets, as set forth in Section 6.3(c)(iv)(1) – (18) described in Paragraphs 22(a)-(r) on the attached PDF.

Assets for sale is more described in attached PDF.

 


Additional Details

Bid Amount: $8,586,000.00
Bid Deposit: 10% of the proposed purchase price



Other Information

Terms and Conditions:

See Attached.


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