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Theatrical Production Interests for Sale

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Theatrical Production Interests for Sale



Price: $52,000.00


Other Item Info
Item #: nysbke_209803
Created: 07/02/2018
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Location: New York, New York
Sale Date: Tue. Jul 24, 2018
Seller Info
Robert A. Wolf
Trustee's Attorney
1350 Broadway11th Floor
New York, NY 10018
(212) 216-8000
Bankruptcy Info
Case #: 1:11-bk-10219
Court: New York Southern Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of Theatrical Production Interests and Dolmari’s Interest, described as below:

(i) Theatrical Production Interests for $50,000.00: The interests of the sellers in regard to the foregoing, which since the Filing Date have been held by, and continue to be held by, the sellers estate, are comprised of the following:

  • A 35% interest in any distributions received by Weitzenhoffer or by the Weitzenhoffer Trustee from The Phantom Company, LP;
  • A 35% interest in any distributions received by Weitzenhoffer from Phantom Co., London;
  • A 50% shareholder interest in Weitzenhoffer Productions, Ltd. (“Weitzenhoffer Productions”);
  • A 50% interest in any distributions received by Weitzenhoffer and/or Weitzenhoffer Productions from The Footloose Broadway Company;
  • A 25% interest in any distributions received by Weitzenhoffer and/or Weitzenhoffer Productions from Mutual Benefit Theatrical Productions Limited
  • Partnership II, L.P. a/k/a Mutual Benefit Theater LP II;
  • A 50% interest in any profits from Clara Ltd. Partnership; and
  • Any interest in AMW Consulting Ltd; Weitzenhoffer Ltd. Partnership Co. and WMA Associates.

The foregoing interests, together with any other later-discovered interests received by Weitzenhoffer and /or Weitzenhoffer Productions on behalf of Starr are collectively referred to as the “Theatrical Production Interests.”

(ii) Dolmari’s interest for $2,000.00: the sellers estate, among other things, became the one hundred per cent (100%) owner of an entity called Dolmari, Ltd. (“Dolmari”). Dolmari owns a 1.55% partnership interest in an investment vehicle known as Blackstone Investors Partners, a/k/a Blackstone Investors Partnership (“BIP”), and the Trustee previously received, on behalf of the estate, what was believed to be Dolmari’s 1.55% share of a final distribution made to the partners of BIP. The funds owned by BIP, believed to be in the approximate amount of $250,000, have been escheated to the State of New York. Assuming that the escheated funds are in the amount of approximately $250,000.00, Dolmari’s 1.55% share of same would be approximately $3,875.


Sale Location

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One Bowling Green
New York, NY, 10004

Additional Details

Sale Hearing in "Courtroom 617" @ 10:00 a.m.

Last date to respond: July 17, 2018



Other Information

Terms and Conditions:

See Attached.


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