Laboratory and Hemp Processing Entity in Vermont
Listing Information
Laboratory and Hemp Processing Entity in Vermont
Price: $850,000.00
Created: 06/09/2021
Category: Business Property > All Assets or Going Concerns > Tobacco and Hemp
Sale Location: Rutland, Vermont
Sale Date: Fri. Jul 9, 2021
Trustee's Attorney
PO Box 60
Bethel, VT 05032
802-234-6244
Case Title: Northeast Processing, LLC
Court: Vermont Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of Assets of Northeast Processing, LLC including certain real estate, furniture, furnishings, fixtures and equipment, and other tangible and intangible personal property which is located at 21 O’Bryan Drive, Brattleboro, Vermont, together with certain infrastructure.
The Sale relates to the Real Property located at 21 O’Bryan Drive, Brattleboro, Vermont along with furniture, furnishings, fixtures, equipment, and intangible property at that location, together all appurtenant rights and easements thereto, being the Real Property and Tangible Personal Property of Northeast Processing, LLC.
Northeast Processing, LLC, (“NEP” or “Debtor”) is the entity which operated a hemp processing and laboratory, as located in Brattleboro, Vermont.
Financial Overview
Additional Details
Sale Hearing - July 9, 2021, at 11:00 a.m.,
The Sale Price of the Real Property and Personal Property for ($850,000.00), of which ($500,000.00) is allocated to Real Property and ($350,000.00) is allocated to Personal Property.
Bid Amount -$860,000.00
Bid Deadline - June 28, 2021
Subsequent bidding increments will be in the minimum amount of $10,000.00 each
Last date to respond - on or before 4:00 p.m. (Eastern) on July 1, 2021.