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Joint Venture Interests in Oil & Gas Investment Company

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Joint Venture Interests in Oil & Gas Investment Company



Price: $25,000.00


Other Item Info
Item #: flmbke_1209958
Created: 04/23/2018
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Location: Fort Lauderdale, Florida
Sale Date: Mon. Jul 2, 2018
Seller Info
Michael Lessne
Trustee's Attorney
100 S.E. 3rd Avenue, Suite 2700
Fort Lauderdale, FL 33394
954-764-7060
Bankruptcy Info
Case #: 6:16-bk-03817
Case Title: Pelican Real Estate, LLC
Court: Florida Middle Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents

Description

Sale of Joint Venture Interests in Energy Capital Wilcox, J.V., as evidenced by the following subscription agreements: (a) Amended Subscription Agreement with TIF dated July 16, 2015, for 4 Joint Venture Participation Units of ECW (the “Units”) at $248,000; (b) Amended Subscription Agreement with TIF dated July 16, 2015, for 13.5 Units at $837,000; (c) Amended Subscription Agreement with TIF dated July 16, 2015, for 14.5 Units at $899,000; and (d) Subscription Agreement with SIF dated August 1, 2014, for 8 Units at $469,000; and as governed by the Energy Capital Wilcox, Joint Venture Agreement, dated May 1, 2014.


Sale Location

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100 S.E. 3rd Avenue, Suite 2700
Fort Lauderdale, FL, 33394

Additional Details

  1. Auction Time: 3:00 p.m.
  2. Sale Hearing Held on July 10, 2018, at 2:45 p.m.
  3. Minimum Bid: $25,000.00
  4. Bid Deposit: $5,000.00
  5. Bid Increment: $2,500.00
  6. Bid Deadline: June 15, 2018
  7. Last date to respond: June 22, 2018


Other Information

Terms and Conditions:

See Attached.


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