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Judgments, Claims and Remnant Assets for Sale
Listing Information
Attachments
Judgments, Claims and Remnant Assets for Sale
Price: $30,000.00
Other Item Info
Item #: wawbke_591725
Created: 11/02/2019
Category: Business Property > Equipment > Remnant
Sale Location: Seattle, Washington
Sale Date: Thu. Nov 21, 2019
Created: 11/02/2019
Category: Business Property > Equipment > Remnant
Sale Location: Seattle, Washington
Sale Date: Thu. Nov 21, 2019
Seller Info
John S Kaplan
Trustee's Attorney
1201 3rd Ave Ste 4800
Seattle, WA 98101
206-583-8500
Trustee's Attorney
1201 3rd Ave Ste 4800
Seattle, WA 98101
206-583-8500
Bankruptcy Info
Case #: 2:13-bk-19298
Case Title: Natural Molecular Testing Corporation
Court: Washington Western Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Natural Molecular Testing Corporation
Court: Washington Western Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of Judgments, Claims and Remnant Assets, described as below:
- Judgments for $5,000.00: the Estate are certain default judgments obtained by the Trustee in the following cases: (i) Adv. Proc. No. 15-01303 (Braman Motors, LLC); (ii) Adv. Proc. No. 15-01343 (Nibler); (iii) Adv. Proc. No. 15-01310 (Pagan); (iv) Adv. Proc. No. 15-01305 (Peterson’s Harley Davidson of Miami, LLC); (v) Adv. Proc. No. 15-01374 (Hitt Medical, LLC, North Louisiana Medical Testing, LLC); (vi) Adv. Proc. No. 15-01376 (Sarjit Patel, SJS Health, LLC); and (vii) Adv. Proc. No. 15-01368 (Tain) (collectively, “Default Judgments”);
- Claims for $20,000.00: The Estate continues to own claims (1) against Beau Fessenden in Adversary Proceeding No. 14-01087-MLB and Adversary Proceeding No. 15-01342- MLB, as further modified in the Settlement Agreement dated as of June 7, 2019 [Doc. No. 1101-1 in the Bankruptcy Case; the “Settlement Agreement”] approved by the Court by order entered on July 12, 2019 (collectively, the “Fessenden Claims”), and (2) against YourCode, Inc. pursuant to that certain Promissory Note dated February 6, 2015 in the principal amount of $240,000 and Security Agreement dated February 6, 2015 (collectively the “YourCode Claims”); and
- Remnant Assets for $5,000.00: The Seller's Estate, consisting of known or unknown assets or claims, which have not been previously sold, assigned, or transferred (collectively, “Remnant Assets”).
Financial Overview
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Additional Details
- Sale Hearing Time: 9:30 a.m.
- Bid Amount: (i) Default Judgments for $6,000.00; (ii) Claims for $21,000.00; and (iii) Remnant Assets for $7,000.00.
- Bid Increment: $1,000
- Bid Deadline: November 14, 2019
- Last date to respond: November 14, 2019