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Ownership Interest and Causes of Action for Sale
Listing Information
Attachments
Ownership Interest and Causes of Action for Sale
Price: $3,000,000.00
Other Item Info
Item #: txnbke_491305
Created: 12/31/2021
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Created: 12/31/2021
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Seller Info
Michelle E. Shriro
Trustee's Attorney
16200 Addison Rd., Suite 140
Addison, TX 75001
972-380-5533
Trustee's Attorney
16200 Addison Rd., Suite 140
Addison, TX 75001
972-380-5533
Bankruptcy Info
Description
Sale of Ownership interest and Causes of Action which includes:
- Interests in Rosenberg Brothers Investments, Ltd., Rosenberg Conduit Fund, Ltd., Rosenberg Management, LLC, Rosenberg 2005 Partnership, L.P. and 2007 Rosenberg Family Partnership, Ltd..
- Causes of Action. Any and all claims and/or causes of action that the Seller’s Estate has, or may have, asserted or not asserted, arising out of the Rosenberg Conduit Fund, Ltd. transfers described on p. 6, Question 18 of the Seller’s Amended SOFA (Dkt.50) and on 8/31/20 for $75,000.
- Palo Duro Interests. All of the Seller’s partnership or other interest in Palo Duro Realty, LLC (listed as 24%) and Palo Duro Management, LLC (listed as 24%), (lines 119 &120 on Exhibit (i) Schedule B.19(i), Dkt 169, p.12 of 15) (“Palo Duro Entities”).
Financial Overview
Income and Expenses ($)
months
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Asset and Liability Summary ($)
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Real Estate:
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Additional Details
Minimum bid: $3,075 ,000
Bid increment: $25,000.00
Bid deposit: ten percent (10%) of the amount of the bid
Last date to respond: AT LEAST FOUR (4) DAYS IN ADVANCE OF HEARING TO BE HELD ON JANUARY 27, 2022