This is a public record generated listing.
Assets of Gasoline Engine Manufacturing Business
Listing Information
Attachments
Assets of Gasoline Engine Manufacturing Business
Price: $550,000,000.00
Other Item Info
Item #: moebke_436885
Created: 07/22/2020
Category: Business Property > All Assets or Going Concerns > Automobiles & Parts
Sale Location: New York, New York
Sale Date: Tue. Sep 1, 2020
Created: 07/22/2020
Category: Business Property > All Assets or Going Concerns > Automobiles & Parts
Sale Location: New York, New York
Sale Date: Tue. Sep 1, 2020
Seller Info
Robert E. Eggmann
Debtor's Attorney
120 South Central Avenue, Suite 1800
Clayton, MO 63105
314-854-8600
Debtor's Attorney
120 South Central Avenue, Suite 1800
Clayton, MO 63105
314-854-8600
Bankruptcy Info
Case #: 4:20-bk-43597
Case Title: Briggs & Stratton Corporation
Court: Missouri Eastern Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Briggs & Stratton Corporation
Court: Missouri Eastern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of all assets of Briggs & Stratton Corporation which includes:
- certain transferred contracts, leases, intellectual property licenses,
- certain accounts receivable and negotiable instruments,
- all inventory;
- all deposits and prepaid charges related to the Acquired Assets;
- all owned real property;
- all personal property interests related to the Acquired Assets;
- all intellectual property owned by the Sellers,
- books and records related to the Acquired Assets;
- all permits;
- all claims and rights under insurance policies arising prior to the closing;
- all goodwill and intangibles associated with the Acquired Assets;
- all rights and receivables under inter company contracts;
- all causes of action to avoid a transfer of property or obligation incurred by the Sellers under the Bankruptcy Code and certain other laws;
- all causes of action of the Sellers against its former employees;
- certain other assets, including the underlying agreements of certain letters of credit to be replaced by the Buyer; and
The equity interests of the Sellers’ subsidiaries and equity interests held in certain joint ventures.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Additional Details
- Auction Time: 10:00 A.M
- Sale hearing on September 11, 2020
- Bid deposit: ten percent (10%) of the cash portion of the Purchase Price
- Bid increment: $1,000,000.00
- Bid deadline: August 28, 2020
- Last date to respond: September 8, 2020