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Assets of Wine Wholesaler Business

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Listing Information


Assets of Wine Wholesaler Business

Price: Not Specified

Other Item Info
Item #: ohnbke_1104108
Created: 11/02/2022
Category: Business Property > All Assets or Going Concerns > Beverages
Sale Date: Mon. Nov 28, 2022
Seller Info
Richard K. Stovall
Debtor's Attorney
10 West Broad Street Suite 2400
Columbus, OH 43215
Bankruptcy Info
Case #: 5:22-bk-51200
Case Title: Vanguard Wines, LLC
Court: Ohio Northern Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents


Sale of assets of Vanguard Wines, LLC (the “Seller”), including all of the seller's right, title and interest in, to and under all assets, properties and rights of every kind and nature, whether real, personal or mixed, tangible or intangible (including goodwill), whether presently existing or hereafter acquired, owned, leased, licensed or used or held for use in or related to the operation of the seller's business (collectively, the “Assets”), and more described on the attached PDF.

Additional Details

  • Auction Held on November 28, 2022.
  • Sale Hearing Held on November 29, 2022.
  • Purchase Price: The purchase price for the Assets under the Stalking Horse APA is the aggregate of the following (together, the “Purchase Price”): (i) the value of the seller's stock in wine (with the stock valued at the lower of cost price or net realizable value as listed on the seller's stock valuation report) at the time of closing which is anticipated to be approximately $1,000,000.00 (the “Stock Component”); and (ii) $52,000.00 (the “Cash Component”).
  • Bid Deadline: November 23, 2022
  • Last date to respond: November 25, 2022

Other Information

Terms and Conditions:

See Attached.

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