696 Locust Street
Mount Vernon, NY 10552
UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK
In Re: Aru Pharma, Inc., – Case No: 23-22157-shl
Pharmaceutical Packaging Equipment
Asset List:
ONLINE BIDDING ONLY – CLICK HERE FOR ONLINE BIDDING
Bidding is available by computer or download of the Maltz Auctions App on the App Store or Google Play
Pre-Registration Required to Bid. You Must send in signed Terms & Conditions of Sale, signed Online Bidding Form and a deposit (cashier’s check only) to be approved for bidding.
Pre-Registration Required to Bid: You must submit the signed Terms and Conditions of Sale and Online Bidding Form and a deposit ($500 minimum) to be approved for bidding. Acceptable forms of deposit are cashier’s check, postal money order, and wire transfer (funds must be received at least 24 hours prior to the scheduled end time of the auction or you may not be approved to bid prior to the conclusion of the auction). The credit card authentication process does not qualify as meeting this requirement. Your buying power will be 4x the amount of your deposit. For example, if you send $10,000 you will be approved for up to $40,000 in bidding ($500 Minimum Deposit). All unspent deposits will be processed for a refund within 72 business hours following the conclusion of the auction.
Inspection: Monday, August 7, 2023 by appointment only – please click here to schedule.
Auction Date: Online Bidding will open Tuesday, August 8, 2023, at 12:00 noon and is scheduled for the first lot to close on thursday, August 10, 2023, at 12:00 noon. Visit RemoteBidding.MaltzAuctions.com or download the Maltz Auctions App on the Apple Store or Google Play.
Bidding Process: If a bid is placed with less than one minute remaining, the bidding period will be extended so one minute remains for competing bids to be entered. If any further bidding occurs, the extension timer will reset to one minute. Once no further bidding activity occurs, the sale closes when the time runs out.
Asset Location: 696 Locust Street, Mount Vernon, NY 10552.
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Michael G. Mc Auliffe, Attorney for Chapter 11 Debtor and Debtor in Possession
Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022 Fax (516) 349-0105
The Assets are being sold “AS IS” “WHERE IS”, “WITH ALL FAULTS”, without any representations, covenants, guarantees or warranties of any kind or nature, and free and clear of any liens, claims, or encumbrances of whatever kind or nature, with such liens, if any, to attach to the proceeds of sale in such order and priority as they existed immediately prior to the Auction. All Bidders acknowledge that they have conducted their own due diligence in connection with the Assets and are not relying on any information provided by Maltz, the Debtor, or their professionals. 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. It is the responsibility of the Buyer to determine the accuracy of all components of the sale and Assets. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the Assets, including without limitation, physical condition of the Assets. All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction. Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.
