325,000+ Pcs Cosmetics
Bankruptcy Auction
Auction
May 26, 2021 at 11:00 am
Details
Bankruptcy Sale – United States Bankruptcy Court Southern District of New York
In Re: Bona Fide Beauty Labs PS, LLC, – Case # 20-12996-jlg
325,000+ Pcs. Cosmetics
Beauty by Popsugar Brand
Bulk Sale Only
Details:
- Appx. 329,000 Pcs. Name Brand Cosmetics
- Appx. 155,000 Pcs. Samples, Packaging Etc.
- Appx. 174,000 Pcs. Finished/Packaged Goods
- Finished Goods Include (Not Limited to):
- Blush Cheek Colors
- Eye-Liners
- Lip Balms
- Lip Gloss
- Lip Scrubs
- Eye Liners
- Mascaras
- Moisturizers and much more (See Inventory List in Documents Section)
The Trustee, through his Auctioneer, has received and accepted a $30,000 offer, subject to higher bids at the live virtual auction scheduled for May 26th 2021 at 11:00am, with the next bid to be in the minimum amount of $35,000. In order to register to bid, all prospective bidders must present a cashier’s check in the amount of $7,500 made payable to “Gregory Messer, as Chapter 7 Trustee”. A total deposit of 25% is required within 48 hours following the auction. Please download the complete Terms and Conditions of Sale.
Inspections/Viewings: Available by Appointment.
Bidder Qualification Deliverables: A cashier’s check in the amount of $7,500 made payable to “Gregory Messer, Chapter 7 Trustee”, and signed Terms & Conditions of Sale must be delivered to Maltz Auctions, 39 Windsor Place, Central Islip, NY 11722 before the Bidder Qualification Deadline.
Bidder Qualification Deadline: Tuesday, May 25, 2021 before 3:00 pm.
Auction Date & Time: Wednesday, May 26, 2021 at 11:00 am. Only Qualified Bidders as defined in Terms & Conditions of Sale are qualified to participate.
Auction Location: Virtual Auction – Credentials will be provided upon bidder qualification. Please call Richard Maltz at 516-349-7022 x 202 with questions.
Terms & Conditions of Sale: Assets will be sold free and clear of all monetary liens. In order to register to bid, all prospective bidders must preregister pursuant to the Terms & Conditions of Sale. Within 48 hours following the auction, Successful Bidder must post a deposit in the total amount of 15% of the high bid. Please download the complete Terms & Conditions of Sale.
Not Available Individually
Documents
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Gregory Messer, Chapter 7 Trustee
Richard B. Maltz, Auctioneer DCA# 1240836
David A. Constantino, Auctioneer DCA# 1424944
Phone (516) 349-7022 Fax (516) 349-0105
These assets are being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Trustee, Auction Company or any of their Agents. The information contained herein was derived from sources deemed reliable, but is not guaranteed. Most of the information provided has been obtained from third party sources and has not been independently verified. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property, including without limitation. All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction Sale.
Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution