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Membership Interests in Restaurants Business

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Listing Information

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Membership Interests in Restaurants Business



Price: $100,000.00


Other Item Info
Item #: mdbke_721885
Created: 02/19/2020
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Location: Greenbelt, Maryland
Sale Date: Mon. Mar 30, 2020
Seller Info
Justin Fasano
Trustee's Attorney
6411 Ivy Lane Suite 200
Greenbelt, MD 20770
301-441-2420
Bankruptcy Info
Case #: 0:18-bk-23863
Court: Maryland Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of the bankruptcy estates’ membership interests in the following limited liability companies: (1) Bar 228 LLC (“Bar 228”), in which each estate holds a 22.475% interest; (2) Ghost Fleet, LLC (“Ghost Fleet”), in which Mr. Voltaggio holds a 50% interest; and (3) Market Street Management, LLC”), in which each estate holds a 12.737% interest (each a “Restaurant LLC,” and collectively, the “Restaurant LLCs”). The Restaurant LLCs operate various restaurants in Maryland.


Sale Location

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6411 Ivy Lane, Suite 200
Greenbelt, MD, 20770

Additional Details

  1. Auction Time: 10:00 a.m.
  2. Bid Amount: Initial upset bid that is at least 10% higher than the purchase price
  3. Bid Increment: $2,500
  4. Bid Deposit: $7,500
  5. Bid Deadline: March 25, 2020
  6. Last date to respond: March 9, 2020


Other Information

Terms and Conditions:

See Attached.


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