This is a public record generated listing.
Assets of Investment Advisory Services Business
Listing Information
Attachments
Assets of Investment Advisory Services Business
Price: Not Specified
Other Item Info
Item #: debke_189955
Created: 06/12/2023
Category: Business Property > All Assets or Going Concerns > Financial Services
Sale Location: Wilmington, Delaware
Sale Date: Thu. Jun 22, 2023
Created: 06/12/2023
Category: Business Property > All Assets or Going Concerns > Financial Services
Sale Location: Wilmington, Delaware
Sale Date: Thu. Jun 22, 2023
Seller Info
DAVID M. KLAUDER
Debtor's Attorney
1204 N. King Street
Wilmington, DE 19801
302-803-4600
Debtor's Attorney
1204 N. King Street
Wilmington, DE 19801
302-803-4600
Bankruptcy Info
Case #: 1:23-bk-10662
Case Title: KDP, LLC
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: KDP, LLC
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of substantially all of assets of KDP, LLC (“KDP”), KDP Asset Management, Inc. (“AM”), and KDP Investment Advisors. Inc. (“IA” and collectively, the “Sellers”), including all the seller's operating business entities, both IA and AM, their contracts with existing clients, highly specialized workforce, and other miscellaneous assets, and more described on the attached PDF.
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
- Sale Hearing Time: 10:00 a.m.
- Purchase Price: In consideration for the sale of the Purchased Assets to Buyer pursuant to Section 2.01, Buyer shall pay to Sellers an aggregate purchase price (the “Purchase Price”) that shall consist of (a) $75,000 in cash, (b) a credit bid of up to $350,000 in already extended loans under a DIP Term Sheet, and (c) the assumption of the Assumed Liabilities.
- Last date to respond: June 20, 2023