This is a public record generated listing.
Claims and Related Assets for Sale
Listing Information
Attachments
Claims and Related Assets for Sale
Price: $10,000.00
Other Item Info
Item #: nysbke_293685
Created: 01/28/2021
Category: Business Property > Financial > Claim
Sale Date: Tue. Mar 2, 2021
Created: 01/28/2021
Category: Business Property > Financial > Claim
Sale Date: Tue. Mar 2, 2021
Seller Info
Gary F Herbst
Trustee's Attorney
3305 Jerusalem Avenue
Wantagh, NY 11793
(516) 826-6500
Trustee's Attorney
3305 Jerusalem Avenue
Wantagh, NY 11793
(516) 826-6500
Bankruptcy Info
Case #: 1:19-bk-11854
Case Title: Facing Addiction with NCADD Inc.
Court: New York Southern Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: Facing Addiction with NCADD Inc.
Court: New York Southern Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of the seller's interests in certain claims, along with related assets, and more descirbed as follows:
- All rights, titles, and interests in any claims or causes of action that the seller may have as against any officers, directors, agents, employees, representatives, attorneys, and other retained professionals of the seller, through the Petition Date (the “Potential Defendants”), and any individual or party acting or purporting to act in concert with or on behalf of the Potential Defendants, and the legal rights and remedies related to the foregoing (the “Claims”), but excluding any claim or cause of action against the McShin Foundation or any of its affiliates, assignees, or successors, which shall be retained by the seller's Estate; and
- All files, records, documents of the seller in the possession of the Seller or in the possession of seller's attorneys or other professionals, related to the Claims, including but not limited to board minutes, board agendas, board notes, written or electronic communications, bank records, financial records and statements, and insurance policies, including, but not limited to, any communications or correspondence between the seller and any of its lawyers, accountants, or other professionals.
Financial Overview
Income and Expenses ($)
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
- Telephonic Sale Hearing Time: 10:00 a.m.
- Bid Amount: $40,000
- Bid Deposit: $40,000
- Bid Deadline: February 23, 2021
- Last date to respond: February 23, 2021