This is a public record generated listing.
Litigation Claims for Sale
Listing Information
Attachments
Litigation Claims for Sale
Price: $25,000.00
Other Item Info
Item #: cacbke_1912597
Created: 12/29/2022
Category: Business Property > Financial > Claim
Sale Date: Tue. Jan 24, 2023
Created: 12/29/2022
Category: Business Property > Financial > Claim
Sale Date: Tue. Jan 24, 2023
Seller Info
David Wood
Trustee's Attorney
870 Roosevelt Ave
Irvine, CA 92620
949-333-7777
Trustee's Attorney
870 Roosevelt Ave
Irvine, CA 92620
949-333-7777
Bankruptcy Info
Case #: 8:20-bk-13076
Case Title: I. AM, INC.
Court: California Central Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: I. AM, INC.
Court: California Central Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of all of the estate’s remaining rights, claims, or interest against or related to the Litigation Assets, and more described as follows:
The trustee has obtained seller's bank statements, and upon review of those bank statements, discovered substantial transfers, including significant transfers to seller's former insider, David Krause (“Mr. Krause”) totaling $578,133.39, during the four-year period prior to the petition date (“Litigation Assets”).
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Additional Details
- Sale Hearing in "Courtroom 5B" @ 11:00 a.m.
- Bid Amount: $26,000.00
- Bid Increment: $1,000.00
- Bid Deposit: $2,500.00