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Stock, Claims for Back Wages and Loan Receivable for Sale
Listing Information
Attachments
Stock, Claims for Back Wages and Loan Receivable for Sale
Minimum Price: $100,000.00
Other Item Info
Item #: cacbke_1617859
Created: 06/11/2014
Category: Business Property > Investments > Stocks
Sale Location: Santa Ana, California
Sale Date: Thu. Jun 12, 2014
Created: 06/11/2014
Category: Business Property > Investments > Stocks
Sale Location: Santa Ana, California
Sale Date: Thu. Jun 12, 2014
Seller Info
James C Bastian
Trustee's Attorney
8105 Irvine Ctr Dr Ste 600
Irvine, CA 92618
949-340-3400
Trustee's Attorney
8105 Irvine Ctr Dr Ste 600
Irvine, CA 92618
949-340-3400
Bankruptcy Info
Description
Sale of Stock, Claim for back wages and Loan Receivable. The Items are more described below:
(i) 100% interest in MRA2, Inc., which is the owner of the interests in the following companies:
(a) 29.4% stock interest in Island Shade Shacks, Inc. The Trustee is advised by the Debtors that Island Shade Shacks, Inc.'s liabilities exceed its assets.
(b) 29.4% membership interest in Island Shade Systems, LLC. The Trustee is advised by the Debtors that Island Shade Systems, LLC's liabilities exceed its assets.
(c) Over 20% membership interest in SOL Shop LLC. The Trustee is advised by the Debtors that SOL Shop, LLC's. liabilities exceed its assets.
(ii) Seller's claims for back wages of $22,500 owed the Debtors from Island Shade Systems, LLC.
(iii) A loan receivable of $78,000 owed to the Debtors by Island Shade Shacks, Inc.
Financial Overview
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