Ownership Sale of New York Medical Center
Listing Information
Ownership Sale of New York Medical Center
Price: $21,000,000.00
Created: 02/22/2014
Category: Business Property > All Assets or Going Concerns > Health Care Equipment & Services
Sale Location: Great Neck, New York
Sale Date: None Set
Primary Office Location: 455 East Bay Drive, Long Beach, NY 11561
Debtor's Attorney
111 Great Neck Road
Great Neck, NY 11021
(516) 393-2588
Case Title: Long Beach Medical Center
Court: New York Eastern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of Long Beach Medical Center including all of the real property and substantially all of the operating assets of both the LBMC campus and Komanoff. The Sale Assets include:
(i) All Owned Real Property of Medical Center, (ii) Real Property Leases, (iii) Furniture, Equipment and Inventory, (iv) all Assigned Contracts, (v) Sellers' Rights of set-off under such Assigned Contracts, (vi) Medicare and Medicaid provider agreements, (vii) all Intellectual Property (viii) all rights in and to the domain names of LBMC and LBMNH, (ix) all future FEMA claims, (x) Any Prepaid Deposits, (xi) all insurance claims with respect to the Real Property, (xii) the going concern value and goodwill of the Nursing Home, etc.
The deatails of (Acquired Assets, Excluded Assets, Assumed Liabilities & Excluded Liabilities) are more described on the attached PDF.
Financial Overview
Additional Details
Bid Deposit amount - 5% of the initial purchase price
Bid Increamental amount: $100,000
Bid Deadline: April [to be set], 2014
Auction Date: April [to be set], 2014