WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Live Onsite Only
Bankruptcy Auction
DaDong Catering LLC
United States Bankruptcy Court
Southern District of New York
Chapter 11 Case N0. 19-13629 (SCC)
Auction date: Friday, January 17, 2020 (Must be a qualified bidder)
Start time: 1:00 P.M.
Location: 3 Bryant Park (120 West 42 Street), New York, NY 10036
(Theatre District, Midtown West)
Inspection period: Thursday, January 16th from 10:00 a.m. to 4:00 p.m. and the morning of the auction between 10:00 a.m. to 1:00 p.m. or by appointment.
Sale will consist of:
All assets including but not limited to upscale/fine dining restaurant furniture, fixtures, equipment and related property. The property will be sold in one bulk lot. Space is available for lease. Please inquire for leasing details.
To qualify: Prospective bidders must submit a Qualified Bid on or before January 15, 2020 at 5:00 p.m. in writing, to counsel to the Debtor, Akerman LLP, (i.) Attn: Steven R. Wirth, Esq., 401 E. Jackson St., Ste. 1700, Tampa, FL 33602, steven.wirth@akerman.com, (ii) Moecker Auctions, Inc. Attn: Mark Healy, Mhealy@moecker.com, by US mail or email accompanied by a $50,000 refundable deposit via CERTIFIED FUNDS to Moecker Auctions via wire transfer (wire instructions to be provided) and proof of identification in order to register. A 10% Buyer’s Premium will be applied to the bulk lot purchase.
Please note: only qualified bidders will be able to bid in the live, on-site auction on Friday, January 17, 2020 at 3 Bryant Park (120 West 42 Street), New York, NY 10036. Qualified Bidders must appear in person at the Auction, or through a duly authorized representative
Visit our website for additional information and photos, terms of sale and catalog
www.moeckerauctions.com
Partial terms of sale:
Condition: Bulk lot will be sold “AS IS, WHERE IS” with no warranty expressed or implied and is subject to higher and better offers, subject to Bankruptcy and/or Court approval.
Registration: $50,000.00 refundable certified funds deposit, proof of identification and a qualified bid in order to participate.
Payments due: by Tuesday, January 21st by noon.
Removal: must be removed by January 31st.
Buyer's premium: 10% BP will apply.
Pick-up/Removal location: 3 Bryant Park (120 West 42 Street), New York, NY 10036
