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Ownership Interest in Multiple LLC, Casino and Real Estate

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Ownership Interest in Multiple LLC, Casino and Real Estate



Price: $510,000.00


Other Item Info
Item #: nvbke_310292
Created: 04/15/2014
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: Wed. May 14, 2014
Seller Info
HOWARD C. KIM
Trustee's Attorney
1055 Whitney Ranch Drive, Suite 110
HENDERSON, NV 89014
(702) 485-3300
Bankruptcy Info
Case #: 2:12-bk-17874
Court: Nevada Bankruptcy Court
Chapter: 7
View Case Docket

See More Documents

Description

Sale of ownership interests in Shucks II, LLC (“Shucks II”), Shucks III, LLC (“Shucks III”), Shucks III Landlord, LLC (“LL”), Beano’s Real Estate (“Beanos”), Beano’s Casino (“Casino”), Twain and Fort Apache Limited Liability Company (“TFA”), Ranch Partners LLC (“RP”), Blue Diamond Ranches II, LLC (“BDR”), Diversified Realty and Management Company (“Diversified”) and Lorenzi Mini Storage (“LMS”). The ownership interests in the Sale Assets as follows:

Entity Name Ownership Percentage Valuation of Interest
Lorenzi Mini Storage (“LMS”), a general partnership 40.75% $4,075.00 (Seller claim the market value of the entity is $10,000.00)
Blue Diamond Ranches II, LLC (“BDR”) 7.34% $0.00
Ranch Partners, LLC (“RP”) 8.16% Unknown
Twain Fort Apache, LLC (“TFA”) 11.41% Unknown
Shucks II, LLC (“Shucks II”) 34.62% Unknown
Shucks III, LLC (“Shucks III”) 34.62% Unknown
Shucks III Landlord, LLC (“LL”) 34.62% $0.00
Beano’s Real Estate (“Beanos Real Estate”) 50.00% Unstated
Beano’s Casino (“Casino”) 50.00% $500,000.00
Diversified Realty and Management Compan[y] (“Diversified”), a Nevada corporation 50.00% $0.00


Beano’s Real Estate includes Clark County Assessor Parcel Numbers (“APN”): 138-22-610-002 and 138-22-610-006. APN 138-22-610-002 is encumbered by a Deed of Trust held by Bank of Nevada. APN 138-22-610-006 is unencumbered.


Additional Details

Sale Hearing in US Bankruptcy Court:

Foley Federal Building
300 S. Las Vegas Blvd., Las Vegas, NV 89101
Time - 2:30 p.m.

Bid Deposit Amount - $50,000.00
Bid Increaments - $25,000.00



Other Information

Terms and Conditions:

See attached.


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