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Promissory Notes and Claims for Sale
Listing Information
Attachments
Promissory Notes and Claims for Sale
Minimum Price: $50,000.00
Other Item Info
Item #: flsbke_566631
Created: 07/29/2015
Category: Business Property > Financial > Other
Sale Date: None Set
Created: 07/29/2015
Category: Business Property > Financial > Other
Sale Date: None Set
Seller Info
Leslie Gern Cloyd
Trustee's Attorney
350 E Las Olas Blvd #1000
Ft. Lauderdale, FL 33301
(954) 525-9900
Trustee's Attorney
350 E Las Olas Blvd #1000
Ft. Lauderdale, FL 33301
(954) 525-9900
Bankruptcy Info
Case #: 9:11-bk-37695
Case Title: GCC Realty Company, LLC
Court: Florida Southern Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: GCC Realty Company, LLC
Court: Florida Southern Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of right, title and interest, if any, in the Notes, as well as the Claim, including interest owed to the Seller in respect of the Claim. The promissory notes, owed to the Seller by J. Peter Paganelli in the amount of $585,000.00 and Susan Becker in the amount of $35,653.38 (collectively, the “Notes”). In addition, the Seller has an unscheduled claim against Morton Kassover in respect of unpaid arbitration awards, in the amount of approximately $280,000 plus interest (the “Claim”).
Financial Overview
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Asset and Liability Summary ($)
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Additional Details
Sale Price: (i) $50,000.00, plus (ii) an amount equal to 50% of the amount or value of any cash or property received by Sabella
Bid Amount: $55,000