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Stocks and Claims for Sale

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Listing Information

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Stocks and Claims for Sale



Price: $750,000.00


Other Item Info
Item #: laebke_189647
Created: 11/17/2020
Category: Business Property > Investments > Stocks
Sale Date: None Set
Seller Info
David Messina
Trustee's Attorney
2300 Energy Centre 1100 Poydras Street
New Orleans, LA 70163
504-585-7055
Bankruptcy Info
Case #: 2:18-bk-11925
Court: Louisiana Eastern Bankruptcy Court
Chapter: 7
View Case Docket

See More Documents

Description

Sale of stocks and claims, and more described as follows:

  • Any and all stock interest of the Estate of Louis O'Neil Suard, Jr. in ACR Houma, believed to be a 25.5% interest of the whole and 36,333 shares of stock ("Suard's ACR Houma Stock");
  • Any and all stock interest of the Estate of Louis O'Neil Suard, Jr. in America's Cajun Restaurant of Lafayette, Inc. ("ACR Lafayette"), believed to be a 25% interest of the whole and 6,000 shares of stock ("Suard's ACR Lafayette Stock");
  • Any and all claims, past, present and future, of the Estate of Louis O'Neil Suard, Jr. against ACR Houma and/or ACR Lafayette and/or Copeland's of New Orleans, L.L.C., and/or against their stockholders, officers, directors, employees, agents, franchisors, insurers, in any manner arising from and/or related to and/or incidental to Louis O'Neil Suard, Jr. being a stockholder, officer, director, employee, agent and/or debtor of ACR Houma and/or of ACR Lafayette, including but not limited to an alleged claim against ACR Houma and ACR Lafayette disclosed in Louis O'Neil Suard, Jr.'s Official Form 106 A/B schedules filed in the Bankruptcy Case, ("Claims"), and any of the aforestated Claims not fully released in accordance with this Purchase Agreement ("Assigned Claims").

Additional Details

  1. Bid Amount: Must be at least $5,000 higher than the $750,000 purchase price
  2. Bid Deposit: $75,000
  3. Bid Deadline: 7 days prior to the sale hearing


Other Information

Terms and Conditions:

See Attached.


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