August 25, 2020 at 12:00 pm
Bankruptcy Sale – United States Bankruptcy Court Eastern District of New York
In Re: BAUMANN & SONS BUSES, INC., et al. – Case No. 20-72121 (REG) (Jointly Administered)
- Transportation contract entered into on or about July 13, 2017, between ACME and The County of Westchester (the “County”) for the transportation of children with special needs for the period of September 1, 2017 through August 31, 2022 (the “Original County Contract”), as amended by the County by letter dated October 1, 2019, which partially terminated the Original Agreement, effective 11:59 PM Eastern Time on October 20, 2019, such that ACME would, thereafter, only provide transportation services for pre-school children with special needs for two (2) programs, which are commonly known as Hudson Valley UCP and Parkside/PARC, under the partially terminated Original Agreement, as partially terminated.
- Current Offer Price is $20,000 – Subject to Higher Offers
- Please call Richard Maltz at 516-349-7022 x 202 to Discuss Presenting a Higher Offer
Offer Deadline: Higher offers must be presented for consideration (with a deposit) prior to Tuesday, August 25, 2020 at 12:00 noon.
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Klestadt Winters Jureller Southard & Stevens, LLP, Attorneys for the Chapter 11 Debtors and Debtors-in-Possession
Richard B. Maltz, Auctioneer DCA# 1240836
David A. Constantino, Auctioneer DCA# 1424944
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 entry of the Orders for relief against the Debtors. All Bidders acknowledge that they have had the opportunity to review and inspect the Assets, the state of title thereof and laws, rules and regulations applicable thereto, and will rely solely thereon and on their own independent investigations and inspections of the Assets in making their offers. Neither Maltz, the Chapter 11 Debtors and Debtors-in-Possession, the Attorney for the Chapter 11 Debtors and Debtors in Possession or any of their collective representatives makes any representations or warranties with respect to the permissible uses of the Assets. 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 Chapter 11 Debtors and Debtors-in-Possession, the Attorney for the Chapter 11 Debtors and Debtors in Possession, 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. All prospective bidders are urged to conduct their own due diligence prior to submitting an offer. Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.