39 Windsor Place
Central Islip, NY 11722
United States Bankruptcy Court – Southern District of New York
In Re: Air Kool Mechanical Contracting, Inc. – Case No. 20-23276 (RDD) – Marianne T. O’Toole, Chapter 7 Trustee
5 Vans, Pickup Truck & Minivan
ONLINE-ONLY BIDDING – 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 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 $1,000 you will be approved for up to $4,000 in bidding ($500 Minimum Deposit). All unspent deposits will be processed for a refund within 72 business hours following the conclusion of the auction.
Pre-Registration Required to Bid: You Must send in signed Terms and Conditions of Sale and Online Bidding Form and a deposit 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 $1,000 you will be approved for up to $4,000 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: Friday, May 14th and Monday, May 18th from 9:30 am – 3:30 pm each day. Facial masks and social distancing will be strictly enforced.
Auction Date: Online Bidding will open Friday, May 14, 2021, at 1:00 pm and scheduled for the first lot to close on Tuesday, May 18, 2021, at 11:30 am. 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: Office of the Auctioneer, 39 Windsor Place, Central Islip, NY 11722.
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Marianne T. O’Toole, Chapter 7 Trustee
William F. Macreery, Esq., Attorney for the Chapter 7 Trustee
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 entry of the Orders for relief against the Debtor. 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 bids. Neither Maltz, the Trustee, the Attorney for the Trustee 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 Trustee, the Attorney for the Trustee, 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 participating in the Public Auction. Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.
