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Business and Real Interests

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Business and Real Interests



Price: $165,000.00


Other Item Info
Item #: tnebke_339895
Created: 06/14/2016
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Seller Info
Michael W. Ewell
Trustee's Attorney
550 W. Main Street, Suite 500 P. O. Box 39
Knoxville, TN 37901
(865) 546-9321
Bankruptcy Info
Case #: 3:10-bk-31694
Court: Tennessee Eastern Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents

Description

Sale of following interests:
a. Tenant in common interest in the following real property located in Roane County, Tennessee (the “LEC Properties”):

  • Unit B Bradford Way (Tax ID 058G-C-009.11-002)
  • 218 N 3rd Street (Tax ID 058B-E-012.00)

b. Tenant in common interest in the following real property located in Roane County, Tennessee (the “LECH Properties”):

  • Race Street East Parcel (Tax ID 058F-C-005.03)
  • Papa John’s Building (Tax ID 058F-C-005.02)

c. Tenant in common interest in the following real property located in Roane County, Tennessee (the “LHC Properties”):
 100 Village Way:

  • Unit C (Tax ID 068G-F-003.01-003)
  • Unit D (Tax ID 068G-F-003.01-004)
  • Unit E (Tax ID 068G-F-003.01-005)

 Parker Building Condos on Race Street:

  • Condo A (Tax ID 058G-E-007.00-001)
  • Condo CL (Tax ID 058G-E-007.00-003)
  • Condo E (Tax ID 058G-E-007.00-005)
  • Condo G (Tax ID 058G-E-007.00-007)

 Court Street 145 (Tax ID 058G-E-009.00)

d. 100,000 shares of common stock in Worldwide Interactive Networks, Inc.

e. Possible general partnership interests:

  • LEC Properties – 33.3%
  • LECH Properties – 30%
  • LHC Properties – 33.3%

Additional Details

  1. Bid Amount: $177,000
  2. Bid Deposit amount: 10% of the dollar amount of the Competing Bid
  3. Bid Increment Amount: $5,000
  4. Bid Deadliine: July 13, 2016
  5. Any Objection - Attend the hearing held on July 14, 2016


Other Information

Terms and Conditions:

See attached.


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