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Ownership Interest in Multiple Companies

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Ownership Interest in Multiple Companies



Price: $6,300,000.00


Other Item Info
Item #: cacbke_1818571
Created: 06/18/2020
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Seller Info
Mark S Horoupian
Debtor's Attorney
333 S Hope St 35th Fl
Los Angeles, CA 90071
213-626-2311
Bankruptcy Info
Case #: 2:18-bk-12429
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Sale of interest of seller in multiple companies which includes 3626 Sunset, LLC, a California limited liability company (“3626 Sunset”), Vintage Event Design, LLC, a California limited liability company (“Vintage”), and Cliff’s, LLC, a California limited liability company. Assets for sale:

  1. That real property located at 3626-3640 W. Sunset Boulevard, in the City of Los Angeles, California (the “Sunset Property”);
  2. That real property located at 1440-1444 N. Edgecliffe Drive, in the City of Los Angeles, California (the “Edgecliffe Property”, and sometimes collectively with the Sunset Property, the “Real Property”).
  3. Certain restaurant equipment, fixtures and other personal property attendant to the restaurant operations (hereinafter the “Cliff’s Personal Property” or “Cliff’s Assets”) located at the Sunset Property, pursuant to a written lease dated April 1, 2017 (the “Cliff’s Lease”) between Cliff’s as tenant, and 3626 Sunset, as lessor.
  4. The Liquor License, which will be subject to a separate asset purchase agreement and escrow, as required by law.

Other Information

Terms and Conditions:

See Attached.


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