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UID:114758
DTSTAMP:20240201T110000
DTSTART:20240201T110000
DTEND:20240227T110000
SUMMARY:Big Teddy\, LLC
LOCATION:{location}
DESCRIPTION:Bankruptcy Auction re:В  Big Teddy\, LLCВ  23-19587 The asset
 s or business of Big Teddy\, LLC d/b/a Big Plush are being of
 fered in a single auction lot.В  Big Teddy\, LLC manufacturer
 s its oversized plush toys from a rented facility in Newark\,
  NJ which is being surrendered to the landlord.В  Big Teddy\,
  LLC sells its products exclusively online through e-commerc
 e vendors\, such as Amazon\, Walmart\, Etsy\, e-Bay and it's own
  company website www.bigplush.com. В  Assets Consisting of:В
   Trade Name "bigplush.com" Intellectual PropertyВ  Good Wil
 l Work In Progress & Raw Materials consisting of: Approx. 80
 0 yards of Ass't Plush Fabric Approx. 400 pcs. of Ass't "Plu
 sh Animal Skins" Manufacturing Equipment Consisting of: (2) 
 Ormont Single Nozzle Toy Stuffing Machines (2) Portable Air 
 Compressors Fabric Layout / Cutting Table Eastman Blue Strea
 k II Straight Knife Fabric Cutter (3) Ass't Sewing MachinesВ
   Click Here to review the "Small Business Debtor's Plan of 
 Reorganization" which includes business financials & more in
 fo. В  Terms of Sale AUCTION DATE:В В Timed Online Auction E
 nds: В Tuesday\, February 27th\, 2024 QUALIFICATIONS TO BID:В 
 В A $25\,000 deposit must be wired and received by auctioneer
  before 4PM Monday\, February 26th\, 2024. В  OPENING BID:В В 
 The opening bid at the auction is $160\,000. BALANCE OF PAYME
 NT:В В Payment due within 48 hours of auction. BUYER PREMIUM
 :В  AВ 15% Buyer Premium applies at this auction and will be
  calculated on the successful high bid price. BANKRUPTCY COU
 RT APPROVAL:В В The auction is being conducted under order o
 f the Federal Bankruptcy Court and the sale is subject to co
 urt confirmation. DEFAULT OR BREACH OF CONTRACT:В В Seller r
 eserves the right to resell (buyer forfeiting deposit) shoul
 d the high bidder not pay the balance within 48 hours of the
  auction. В In the event of a resale\, the original high bidd
 er will be responsible for any deficiency in sale price toge
 ther with any incurred marketing and administrative costs. C
 ONDITION OF TITLE:В В These assets of the debtor corporation
  are being sold вЂњAs-Is\, Where- IsвЂќ with no contingencies
 . В  These assets are being sold вЂњFree & ClearвЂќ of all l
 iens & taxes. В  DISCLAIMER:В В The auctioneer\, trustee and 
 attorneys make no representations of any kind regarding thes
 e assets. В All bidders are bidding based upon their own due
  diligence. В It is recommended that bidders consult with an
  attorney in advance of auction to review these bidding proc
 edures. В While information published in advertising materia
 ls are gathered from sources deemed reliable\, the auctioneer
 \, trustee and attorneys are not guaranteeing the accuracy of
  this information. В Sale is based solely on bidders researc
 h and due diligence. В 
URL:https://ajwillnerauctions.bwwsstaging.com/auctions/detail/bw
 114758
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