This is a public record generated listing.
Class Action Claim for Sale
Listing Information
Attachments
Class Action Claim for Sale
Seeking Stalking Horse Bidder
Price: Not Specified
Other Item Info
Item #: casbke_443705
Created: 09/27/2023
Category: Business Property > Financial > Claim
Sale Date: None Set
Created: 09/27/2023
Category: Business Property > Financial > Claim
Sale Date: None Set
Seller Info
Leslie Gladstone
Trustee
401 Via Del Norte
La Jolla, CA 92037
858-454-9887
Trustee
401 Via Del Norte
La Jolla, CA 92037
858-454-9887
Bankruptcy Info
Case #: 3:20-bk-02477
Case Title: Garden Fresh Restaurants LLC
Court: California Southern Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: Garden Fresh Restaurants LLC
Court: California Southern Bankruptcy Court
Chapter: 7
View Case Docket
Description
Trustee is selling the claims held by Garden Fresh Restaurants LLC in the class action case In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, Case No. 05-MD-1720 (MKB) (JO). The U.S. District Court for the Eastern District of New York has approved a settlement, upheld on appeal, that proposes approximately $5.54 billion to $6.24 billion to pay claims based on the estimated amount of interchange fees charged on Visa and Mastercard in transactions from 2004 to 2019.
Financial Overview
Income and Expenses ($)
months
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Total Expenses:
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Asset and Liability Summary ($)
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Inventory:
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Real Estate:
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Liabilities to assume:
Additional Details
See attached for additional information regarding the asset, the Notice of Class Action Settlement, and a Nondisclosure Agreement.
Other Information
Terms and Conditions:
The Trustee is seeking stalking horse bids. The sale will be subject to overbid.