Assets of Financing Solutions Business
Listing Information
Assets of Financing Solutions Business
Price: $5,000,000.00
Created: 12/23/2020
Category: Business Property > All Assets or Going Concerns > Financial Services
Sale Date: Fri. Feb 12, 2021
Debtor's Attorney
12 Guyencourt Road
Wilmington, DE 19807
302-660-8331
Case Title: Renovate America, Inc.
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of substantially all of assets of Renovate America, Inc. and its seller affiliates (collectively, “Sellers”), which include certain assets (tangible or intangible) used in the operation of Seller’s business of providing consumer financing for home improvement projects, including specifically the business operated by Seller under the “BENJI” brand, including (i) all Assumed Contracts, (ii) all Transferred Intellectual Property, (iii) all Avoidance Actions against any of Seller’s ordinary course vendors or contract counterparties that are related in any way to the Purchased Assets, the Assumed Contracts or the Assumed Liabilities, (iv) the Purchased Loans, (v) derivative and other claims against Seller’s directors and officers.
Assets is more described on the attached PDF.
Financial Overview
Additional Details
- Auction Time: 1:00 p.m.
- Sale Hearing Held on February 18, 2021.
- Bid Increment: $100,000
- Bid Deposit: $250,000
- Bid Deadline: February 9, 2021
- Last date to respond: February 9, 2021