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Assets of Supermarket Business

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Listing Information

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Assets of Supermarket Business



Price: $3,300,000.00


Other Item Info
Item #: debke_180107
Created: 06/25/2020
Category: Business Property > All Assets or Going Concerns > General Retailers
Sale Date: Wed. Aug 12, 2020
Seller Info
Christopher A. Ward
Debtor's Attorney
222 Delaware Avenue
Wilmington, DE 19801
302-252-0920
Bankruptcy Info
Case #: 1:20-bk-10166
Case Title: Lucky's Market Parent Company, LLC
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Sale of assets of Lucky's Market Parent Company, LLC which includes:

  • The Land, together with (to the extent of Sellers’ interest therein) buildings, fixtures and improvements (collectively, the “Improvements”) located on or attached to such real property, and all rights arising out of the Real Property including, without limitation: all options and rights of first refusal, together with all licenses to the extent assignable or transferable by law with nominal expense to Sellers, all Real Property Documents creating or modifying any such interest, and all of such Sellers’ rights, title and interest in and under such Real Property
  • Documents; all easements and rights-of-way; rights, title and interest in all reciprocal easements; all alleys street, road or right-of-way; subject to Error! Reference source not found., all of Sellers’ rights, title and interest in and to any award made or to be made in lieu thereof, and in and to any unpaid award, for any taking by condemnation of, or any damages to, any Real Property; and all tenements, hereditaments, appurtenances and other real property rights appertaining thereto, subject only to the Permitted Exceptions and those liabilities, liens, obligations and encumbrances (if any) which are expressly assumed in writing by Buyer.
  • The real property lease and right to use agreement listed on Exhibit 2.1(B) of the Stalking Horse Agreement (collectively, the “Real Property Leases”).
  • To the extent assignable or transferable by law and with only nominal cost or expense to Sellers, any landscape contracts, maintenance contracts and security contracts (whether oral or written) relating exclusively to the Real Property or the operation of the business at the Real Property listed on Exhibit 2.1(C) (collectively, the “Contracts”).
  • To the extent assignable or transferable by law and with nominal cost or expense to Sellers, all other assets owned by Sellers located at the Real Property and which are used primarily in connection with the operation of the business at the Real Property (other than the Excluded Assets).

Additional Details

  1. Auction Time: 10:00 A.M
  2. Sale hearing on August 17, 2020 at 2:00 p.m.
  3. Bid increment: $100,000.00
  4. Bid deposit: $330,000.00
  5. Bid deadline: August 10, 2020
  6. Last date to respond: August 14, 2020


Other Information

Terms and Conditions:

See Attached.


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