-
-
Loading
Loading
UNITED STATES
BANKRUPTCY COURT
MIDDLE DISTRICT OF FLORIDA
FORT MYERS DIVISION
www.flmb.uscourts.gov
Chapter 11
Case No. 9:16-bk-4612-FMD
In re:
THE RICHARD CORPORATION,
d/b/a MOON PLUMBING,
d/b/a MOON SEPTIC,
Debtor.
NOTICE OF PROPOSED
SALE OF ASSETS OF
THE RICHARD CORPORATION
NOTICE IS HEREBY GIVEN that THE RICHARD CORPORATION, as debtor and debtor in possession (“Debtor”), has sought the approval of the United States Bankruptcy Court for the Middle District of Florida, Fort Myers Division (“Bankruptcy Court”), for the sale of substantially all of its assets and the assumption and assignment of certain non-employment-related agreements and warranty liabilities therewith (the “Sale”).
On June 6, 2016, the Debtor filed with the Bankruptcy Court a motion (the “Sale Motion”), seeking among other things, the authority of the Bankruptcy Court for the Debtor to sell, pursuant to an amended and restated asset purchase agreement executed June 29, 2016 (the “APA”) by and between the Debtor and Moon Site & Septic, Inc. (the “Purchaser”), the Assets (as defined in the APA), free and clear of all liens, claims, interests, and encumbrances, to the Purchaser in exchange for $40,000.00 in cash, pursuant to the terms of the APA. The APA was filed with the Bankruptcy Court on June 29, 2016. The Bankruptcy Court has approved certain bidding procedures in connection with the Sale (the “Bidding Procedures”).
The Debtor owns and operates a business specializing in installing, servicing, cleaning, and repairing septic systems in the Ft. Myers, Florida area. The Debtor currently has 5 employees. Further information on the Debtor's business is available upon request in compliance with the Bidding Procedures.
Prospective purchasers and other interested parties should review the APA, the Sale Motion, the Bidding Procedures, and other relevant documents on file with the Clerk of the Bankruptcy Court and available at www.srbp.com. Any party wishing to submit a competing bid (“Competing Bid”) to acquire the Assets should contact Edward J. Peterson, III, Esq., Stichter Riedel Blain & Postler, P.A, 110 East Madison Street, Suite 200, Tampa, Florida 33602 TEL: 813/229-0144; FAX 813/229-1811; E-MAIL [email protected].
An auction (the “Auction”) to consider any Competing Bids in respect of the Assets will be held in Ft. Myers, Florida at 1:00 p.m. (Eastern Time) on August 22, 2016 at the offices of Roetzel & Andress, P.A at 2320 First Street, Suite 1000, Ft. Myers, Florida 33901. The Bankruptcy Court will conduct a hearing to consider approval of the Sale Motion, the results of the Auction, if any, and to consider any timely-filed objections thereto, at the Bankruptcy Court, on August 24, 2016 at 11:00 a.m.
July 8; August 5, 2016 16-01667L