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Metal Parts and Fasteners Manufacturing Company in New York

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Listing Information

Attachments

Metal Parts and Fasteners Manufacturing Company in New York



Minimum Price: $5,975,000.00


Other Item Info
Item #: nyebke_399549
Created: 10/28/2014
Category: Business Property > All Assets or Going Concerns > Engineering Services
Sale Location: Garden City, New York
Sale Date: Tue. Dec 2, 2014
Primary Office Location: 609-1 Cantiague Rock Road, Westbury, NY 11590
Seller Info
Stephen A. Donato
Debtor's Attorney
One Lincoln Center
Syracuse, NY 13202
(315) 218-8000
Bankruptcy Info
Case #: 8:14-bk-71961
Case Title: John Hassall, Inc.
Court: New York Eastern Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Sale of substantially all the Assets of John Hassall, Inc. including certain avoidance actions against the Company's current suppliers.

John Hassall, Inc. is a New York corporation formed in 1907, and the Company's primary business is the design, manufacture, testing and marketing of highly specialized niche application fasteners for use in the aerospace, automotive, defense, and commercial industries. The Company maintains a vertically integrated facility in enabling it to produce custom-designed parts on either a mass production or short-run basis.


Sale Location

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1010 Franklin Avenue, Suite 200
Garden City, NY,

Additional Details

  1. Auction Time - 10:00 a.m.
  2. Sale Hearing held on December 3, 2014 at 12:00 noon
  3. Bid Amount: $6,424,000
  4. Deposit Amount: 5% of the proposed purchase price
  5. Bid Deadline: November 28, 2014 at 12:00 noon
  6. Bidding Increment: $50,000
  7. Bid Procedures Objection Deadline - October 30, 2014 at 4:00 p. m. (ET)

Sale Objection Deadline - 7 business days prior to hearing
Hearing - December 3, 2014



Other Information

Terms and Conditions:

See attached.


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