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Intangible Assets and Book Inventory of Publishing Company
Listing Information
Attachments
Intangible Assets and Book Inventory of Publishing Company
Minimum Price: $750,000.00
Other Item Info
Item #: paebke_437406
Created: 08/16/2014
Category: Business Property > All Assets or Going Concerns > General Industrials
Sale Location: Philadelphia, Pennsylvania
Sale Date: Wed. Oct 1, 2014
Primary Office Location: 3518 Old Philadelphia Pike, Intercourse, PA 17534
Created: 08/16/2014
Category: Business Property > All Assets or Going Concerns > General Industrials
Sale Location: Philadelphia, Pennsylvania
Sale Date: Wed. Oct 1, 2014
Primary Office Location: 3518 Old Philadelphia Pike, Intercourse, PA 17534
Seller Info
ROBERT W. SEITZER
Trustee's Attorney
1900 Spruce Street
Philadelphia, PA 19103
(215) 546-4500
Trustee's Attorney
1900 Spruce Street
Philadelphia, PA 19103
(215) 546-4500
Bankruptcy Info
Case #: 2:13-bk-20684
Case Title: Good Enterprises, Ltd. and Good Enterprises, Ltd.
Court: Pennsylvania Eastern Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: Good Enterprises, Ltd. and Good Enterprises, Ltd.
Court: Pennsylvania Eastern Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of Assets related to the publishing business. The Assets of the publishing business include certain trademarks, copyrights, domain names and intellectual property, publishing contracts, and other intangible property assets as well as book inventory in the approximate amount of 1,372,033 books (the "Book Inventory") as of July 28, 2014 located at Simon & Schuster, Inc. ("S&S") and additional books located at R.R. Donnelley & Sons ("Donnelley").
The Sale Assets are more described as below:
- All intellectual property rights and claims under all contracts, licenses and commitments between the Trustee and authors and other persons and entities, including, without limitation, all rights of publication and sale, relating to the Trustee's published and unpublished titles contained in the Bid Inventory;
- All inventory of the Titles consisting of the books located at S&S and Donnelley;
- All U.S. and foreign copyrights, goodwill, and all other intellectual and intangible property rights relating to the Titles and imprints, including film options and other licenses to licensees, including but not limited to the tradename, Good Books, and related trademarks and ;
- All of the Titles returned to S&S.
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 at the offices of:
Maschmeyer Karalis P.C.
1900 Spruce Street, Philadelphia, Pennsylvania
Time - September 26, 2014 @ 10:00 a.m.
- Overbid Amount: $800,000
- Bid Deadline: September 22, 2014 at 4:00 p.m.
- Bid Increments: $25,000
- Good Faith Deposit: 10% of the proposed purchase price
- Cure Objection Deadline - September 29, 2014