This is a public record generated listing.
Assets of Home Textile Import Company
Listing Information
Attachments
Assets of Home Textile Import Company
Price: $86,000.00
Other Item Info
Item #: njbke_1086722
Created: 05/30/2022
Category: Business Property > All Assets or Going Concerns > Textiles
Sale Date: Thu. Jun 16, 2022
Created: 05/30/2022
Category: Business Property > All Assets or Going Concerns > Textiles
Sale Date: Thu. Jun 16, 2022
Seller Info
Gregory Kinoian
Debtor's Attorney
494 Broad Street
Newark, NJ 07102
973-646-3284
Debtor's Attorney
494 Broad Street
Newark, NJ 07102
973-646-3284
Bankruptcy Info
Case #: 2:22-bk-12353
Case Title: Elite Home Products, Inc.
Court: New Jersey Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Elite Home Products, Inc.
Court: New Jersey Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of assets of Elite Home Products, Inc. (the “Seller”), consist of (a) good will (the “Good Will”), (b) intellectual property (particularly the seller's on-line presence) (the “IP”) and (c) business with Amazon (particularly the seller's ASINs (an acronym for Amazon Standard Identification Number) and inventory maintained at Amazon, which was approximately $65,000 in value as of the Petition Date) (the “Amazon Inventory”) (the seller's ASINs and the Amazon Inventory being referred to herein as, collectively, the “Amazon Business”) (the seller's Good Will, IP and Amazon Business being referred to herein as, collectively, the “Subject Assets”), and more described in Exhibit A on the attached PDF.
Financial Overview
Income and Expenses ($)
months
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Asset and Liability Summary ($)
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Real Estate:
Total Assets:
Liabilities to assume:
Additional Details
- Auction Time: 12:00 p.m.
- Sale Hearing Held on June 28, 2022 at 11:00 a.m.
- Biod Amount: $106,000
- Bid Increment: $20,000
- Bid Deadline: June 14, 2022
- Last date to respond: June 22, 2022