Assets of Radio Communication Products Business
Listing Information
Assets of Radio Communication Products Business
Price: $7,897,459.00
Created: 07/17/2020
Category: Business Property > All Assets or Going Concerns > Mobile Telecommunications
Sale Location: Los Angeles, California
Sale Date: Tue. Aug 18, 2020
Debtor's Attorney
150 California St
San Francisco, CA 94111
415-263-7000
Case Title: Hytera Communications America (West) Inc
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of substantially all of assets of Hytera Communications America (West), Inc. (“Hytera West”), Hytera America Incorporated (“Hytera East”), and HYT North America, Inc. (“HYT North America”) (collectively, the “Sellers”). The sale assets including all of the sellers, other than inventory and contracts relating to the Accused Products, including, but not limited to, certain accounts receivable, cash (other than the Cash Payment), inventory relating to products other than the Accused Products, deposits (including retainers after payment of professional fees), furniture and equipment, intellectual property, the Purchased Contracts, books and records, permits, supplies, insurance policies (excluding directors and officers or fiduciary insurance policies), goodwill, tax refunds, and causes of action relating to the Purchased Assets.
Assets is more described from Page No. 43-45 on the attached PDF.
Financial Overview
Sale Location
Los Angeles, CA, 90067
Additional Details
- Auction Time: 3:00 p.m.
- Sale Hearing Held on August 20, 2020 at 10:30 a.m.
- Initial Qualified Overbid: Initial minimum amount equal to the sum of the Purchase Price, plus $250,000.
- Bid Increment: $100,000
- Bid Deposit: 10% of the Purchase Price
- Bid Deadline: August 14, 2020
- Last date to respond: August 13, 2020