This is a public record generated listing.
Claim Against the Home Insurance Company
Listing Information
Attachments
Claim Against the Home Insurance Company
Minimum Price: $5,750,000.00
Other Item Info
Item #: utbke_319143
Created: 06/13/2014
Category: Business Property > Financial > Other
Sale Location: Salt Lake City, Utah
Sale Date: Wed. Jul 16, 2014
Created: 06/13/2014
Category: Business Property > Financial > Other
Sale Location: Salt Lake City, Utah
Sale Date: Wed. Jul 16, 2014
Seller Info
Vernon L. Hopkinson
Trustee's Attorney
257 East 200 South, Suite 700 P.O. Box 11008
Salt Lake City, UT 84147-0008
(801) 532-2666
Trustee's Attorney
257 East 200 South, Suite 700 P.O. Box 11008
Salt Lake City, UT 84147-0008
(801) 532-2666
Bankruptcy Info
Case #: 2:11-bk-21374
Case Title: Quintec Industries, Inc.
Court: Utah Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: Quintec Industries, Inc.
Court: Utah Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of claim against the Home Insurance Company includes a Class II allowed claim owned by the Seller regarding In the Matter of the Liquidation of the Home Insurance Company in the liquidation proceeding pending in the Merrimack County Superior Court in the State of New Hampshire, Docket No. 03-E-0106. Such allowed claim of the Seller is in the amount of twelve million five hundred thousand dollars ($12,500,000.00). Home Insurance Company issued the following insurance policy to Quintec Industries, Inc. under which Claimant is the named insured: Policy Number (HXL1578659) Policy Period (10/1/84-10/1/85)
Proof of Claim number: INSU 700248
Financial Overview
Income and Expenses ($)
months
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Asset and Liability Summary ($)
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Real Estate:
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Sale Location
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Salt Lake City, UT, 84111
Additional Details
Sale Time: 10:30 am
Auction Date: July 8, 2014 at 2:00 PM
Bid Deadline: July 3, 2014 at 5:00PM
Overbid Amount: $5,800,000
Bid Deposit Amount: $50,000
Minimum Bid Increment Amount: $5,000