This is a public record generated listing.
Accounts Receivable for Sale
Listing Information
Attachments
Accounts Receivable for Sale
Price: $3,100,000.00
Other Item Info
Item #: txsbke_435590
Created: 10/16/2019
Category: Business Property > Financial > Accounts Receivable
Sale Date: None Set
Created: 10/16/2019
Category: Business Property > Financial > Accounts Receivable
Sale Date: None Set
Seller Info
John F. Higgins
Debtor's Attorney
1000 Main Street
Houston, TX 77002
(713) 226-6000
Debtor's Attorney
1000 Main Street
Houston, TX 77002
(713) 226-6000
Bankruptcy Info
Case #: 4:19-bk-34752
Case Title: Epic Companies, LLC and Epic Alabama Steel, LLC
Court: Texas Southern Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Epic Companies, LLC and Epic Alabama Steel, LLC
Court: Texas Southern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of accounts receivable with a face amount totaling $8,408,903 (collectively, the "AR Assets") of Epic Companies, LLC and Epic Alabama Steel, LLC. The sale assets includes all of Seller's accounts receivable and with respect thereto: (a) charged off accounts, (b) any and all documents, applications, guaranties, letters of credit or credit insurance (including Seller's rights to make claims thereunder) Seller may have, and (c) any cash received with respect to Seller's accounts receivable but not yet applied to such accounts receivable.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume: