This is a public record generated listing.

Assets of Frozen Fruits and Vegetables Business

Please note that this listing has expired. To view active listings, please subscribe to one of our plans.
Add to Dashboard

Listing Information

Attachments

Assets of Frozen Fruits and Vegetables Business



Price: $50,000.00


Other Item Info
Item #: cobke_476248
Created: 09/20/2019
Category: Business Property > All Assets or Going Concerns > General Retailers
Sale Date: Tue. Oct 29, 2019
Seller Info
Jonathan Dickey
Trustee's Attorney
1621 18th St., Ste. 260
Denver, CO 80202
720-381-0045
Bankruptcy Info
Case #: 1:18-bk-18234
Case Title: Cool Frootz
Court: Colorado Bankruptcy Court
Chapter: 7
View Case Docket

See More Documents

Description

Sale of assets of Cool Frootz, LLC, including the seller's copyrights, tradenames, and other intellectual property, including its manufacturing assembly line at the Salem, Oregon location, and other computers and equipment, and more described as below:

  • Intangible and Intellectual Property: All owned intangible assets, including, but not limited to, any and all Intellectual Property (collectively, the “Intangible Property”). “Intellectual Property” means all intellectual property, including, but not limited to, (i) inventions, patents, patent applications, reissuances, divisions, continuations, continuations-in-part, extensions, renewals, substitutions and reexaminations, and all patents issuing on the foregoing; (ii) registered and unregistered trademarks, service marks, trade dress, logos, trade names and corporate names, and all goodwill associated therewith; (iii) works of authorship, copyrights and moral rights; (iv) databases, data compilations and data collections; (v) trade secrets and other confidential information, including, without limitation, ideas, discoveries, concepts, research and development, know-how, formulas, recipes, compositions, processes, techniques, technical data, designs, drawings, specifications, customer lists, supplier lists and business and marketing plans; (vi) domain names, web addresses and websites; (vii) owned computer software (including any and all software implementations of algorithms, models and methodologies), source code, object code, descriptions, flow-charts and other work product used to design, plan, organize and develop any of the foregoing, screens, user interfaces, report formats, firmware, development tools, templates, menus, buttons and icons, and data and documentation related to any of the foregoing; and (viii) applications, registrations and renewals in connection with any and all of the foregoing in subclauses (i) through (vii);
  • Certain Tangible Personal Property: All owned (a) machinery and equipment, (b) spare parts, fittings, maintenance equipment, and tools relating to the assets described in the foregoing clause (a), and (c) signage relating the seller's business before commencement of the Bankruptcy Case; and
  • Books, Records: All books, records and like items pertaining to the operation of the Debtor, including, but not limited to: (i) all plans, business plans, processes and specifications for the seller, (ii) all other reports and business records relating to the seller and the operation of the seller, (iii) customer and vendor lists, databases, (iv) advertising materials, and (v) all financial and accounting records.

Additional Details

  1. Purchase Price: The purchase price (“Purchase Price”) for the Purchased Assets shall be $50,000.00, paid in cash, plus a waiver of Buyer’s right to payment as a creditor of the seller's Estate pursuant to its duly filed proof of claim in the amount of $3,720,000.00. (Claims Register, Case No. 18-18234 KHT, Proof of Claim No. 1.).
  2. The Purchased Assets will be sold at auction on or before October 29, 2019.
  3. Bid Amount: Must be at least $60,000 greater than the Opening Bid
  4. Bid Deadline: October 9, 2019


Other Information

Terms and Conditions:

See Attached.


Subscribe to our free newsletters

* indicates required
Send me information about...
Choose the CaseFolder where you want to see this Deal, or create a new CaseFolder Lite.