This is a public record generated listing.
Assets of Life Insurance Company
Listing Information
Attachments
Assets of Life Insurance Company
Price: $5,650,000.00
Other Item Info
Item #: debke_171566
Created: 01/31/2019
Category: Business Property > All Assets or Going Concerns > Insurance
Sale Date: Mon. Apr 15, 2019
Created: 01/31/2019
Category: Business Property > All Assets or Going Concerns > Insurance
Sale Date: Mon. Apr 15, 2019
Seller Info
Evan T. Miller
Debtor's Attorney
222 Delaware Avenue Suite 900
Wilmington, DE 19801
302-429-4227
Debtor's Attorney
222 Delaware Avenue Suite 900
Wilmington, DE 19801
302-429-4227
Bankruptcy Info
Case #: 1:17-bk-13030
Case Title: Life Settlements Absolute Return I, LLC
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Life Settlements Absolute Return I, LLC
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket
Description
Auction Sale of substantially all of assets of the Life Settlements Absolute Return I, LLC, including all of the Life Settlement Policies.
Assets for sale is more described in "Schedule 1" from Page No. 116 on the attached PDF.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Additional Details
- Sale Hearing Held on April 15, 2019 at 10:30 a.m.
- Initial Overbid Amount: At any Auction, the minimum initial overbid (the “Initial Overbid”) shall be a sum that results in value to the seller's estates that is at least $547,750 in excess of the Purchase Price.
- Bid Increment: $200,000
- Bid Deposit: 10% of the proposed purchase price
- Last date to respond: April 8, 2019