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Business Interests and Claims for Sale

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Business Interests and Claims for Sale



Price: $300,000.00


Other Item Info
Item #: nmbke_163322
Created: 07/15/2019
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Seller Info
Daniel Andrew White
Trustee's Attorney
320 Gold Ave. SW Suite 300A
Albuquerque, NM 87102
505-433-3097
Bankruptcy Info
Case #: 1:18-bk-12381
Case Title: Rio Grande Title Company, Inc.
Court: New Mexico Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of Business Interests and Claims, described as below:

  • Business Interests: The Estate owns a twenty percent (20%) shareholder interest in LRC and 31% of the equity in TPSF;
  • Claims: (a) Restraint of Trade Claims: The Estate also owns claims against TPSF and LRC for alleged restraint of trade in connection with the seller's pre-bankruptcy efforts to sell the interests in LRC and TPSF; (b) Avoidance Claims: The Estate may also have claims for avoidance of transfers under 11 U.S.C. ยง 547, 548, 550 and/or state law against LRC and TPSF

Other Information

Terms and Conditions:

See Attached.


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