Qualteq, Inc. Real Property Asset Sale

Summary:

On January 10, 2013 at court docket 1013, a Notice of the Chapter 11 Trustee's Motion for Entry of (I) An Order (A) Approving Bidding Procedures and Bid Protections in Connection with the Sale of All of the Selling Debtors' Real Property, (B) Approving the Form and Manner of Notice, (C) Scheduling an Auction and a Sale Hearing, (D) Approving Procedures for the Selection of Stalking Horse Bidders, (E) Approving Procedures for the Assumption and Assignment of Contracts, and (F) Granting Related Relief and (II) an Order (A) Approving the Asset Purchase Agreement, (B) Authorizing the Sale of All of the Selling Debtors' Real Property Free and Clear of All Liens, Claims, Encumbrances, and Interests, (C) Authorizing the Assumption and Assignment of Contracts, and (D) Granting Related Relief was filed with the United States Bankruptcy Court for the Northern District of Illinois, Eastern Division.

On January 16, 2013, at court docket 1022, an Order was entered: (A) Approving Bidding Procedures and Bid Protections in Connection with the Sale of All of the Selling Debtors' Real Property, (B) Approving the Form and Manner of Notice, (C) Scheduling an Auction and a Sale Hearing, (D) Approving Procedures for the Selection of Stalking Horse Bidders, (E) Approving Procedures for the Assumption and Assignment of Contracts, and (F) Granting Related Relief and (II) an Order (A) Approving the Asset Purchase Agreement, (B) Authorizing the Sale of All of the Selling Debtors' Real Property Free and Clear of All Liens, Claims, Encumbrances, and Interests, (C) Authorizing the Assumption and Assignment of Contracts, and (D) Granting Related Relief  in the United States Bankruptcy Court for the Northern District of Illinois, Eastern Division.  

Notice of Auction with Respect to Certain Parcels of Real Property
(125, 200-220 Fencl)

Pursuant to Section 8 of the Bidding Procedures, as approved in the bid procedures order, The Chapter 11 Trustee has adjourned the Auction with respect to the following parcels of Real Property as filed with the Notice of Auction at docket number 1705:

  • Creative Investments, a general partnership: The Real Property located at (i) 125 Fencl Lane, Downers Grove, IL 60515 and (ii) 200 - 220 Fencl Lane, Downers Grove, IL 60515

The Notice of Auction with Respect to Certain Parcels of Real Property docket number 1705 designates the following dates and deadlines for the above referenced Real Property:

  • Bid Deadline: July 19, 2013 at 5:00p.m. (prevailing Central Time)
  • Credit Bid Deadline: July 22, 2013 at 5:00 p.m. (prevailing Central Time)
  • Auction: July 25, 2013 at 10:00 a.m. (prevailing Central Time)
  • Sale Objection Deadline: Any time at or prior to the Sale Hearing of July 30, 2013 at 9:30 a.m. (prevailing Central Time), or as soon thereafter as the Court may permit
  • Contract Objection Deadline: August 5, 2013 at 4:00 p.m. (prevailing Central Time)                

Further information regarding this matter or other matters scheduled for hearing are available at www.phaseeleven.com/qualteq.

      
Document Title

Court Entry Date

Court Docket Number

Electronic Image

Notice of the Chapter 11 Trustee's Motion for Entry of (I) An Order (A) Approving Bidding Procedures and Bid Protections in Connection with the Sale of All of the Selling Debtors' Real Property, (B) Approving the Form and Manner of Notice, (C) Scheduling an Auction and a Sale Hearing, (D) Approving Procedures for the Selection of Stalking Horse Bidders, (E) Approving Procedures for the Assumption and Assignment of Contracts, and (F) Granting Related Relief and (II) an Order (A) Approving the Asset Purchase Agreement, (B) Authorizing the Sale of All of the Selling Debtors' Real Property Free and Clear of All Liens, Claims, Encumbrances, and Interests, (C) Authorizing the Assumption and Assignment of Contracts, and (D) Granting Related Relief [Docket 1013].

January 10, 2013

1013

Asset Sale Motion

Bidding Procedures for the Sale of All of the Selling Debtors' Real Property

January 16, 2013

1022

Bidding Procedures

Notice of Sale of All of the Selling Debtors' Real Estate by Auction and Sale Hearing

January 16, 2013

1022

Asset Sale Notice

Order (A) Approving Bidding Procedures and Bid Protections in Connection With the Sale of All of the Selling Debtors’ Real Property, (B) Approving the Form and Manner of Notice, (C) Scheduling an Auction and a Sale Hearing, (D) Approving Procedures for the Selection of Stalking Horse Bidders, (E) Approving Procedures for the Assumption and Assignment of Contracts, and (F) Granting Related Relief [Docket No. 1022]

January 16, 2013

1022

Bid Procedures Order

Notice of Stalking Horse Bidder (Meadowbrook/North Park)

February 11, 2013

1133

FL Cedar, LLC Bid Notice

Notice of Stalking Horse Bidder (University Plaza)

February 11, 2013

1134

ICA Real Estate Management Company, LLC Bid Notice

Notice of Filing Amendment to Stalking Horse Real Estate Purchase Agreement (University Plaza)

February 15, 2013

1185

University Plaza APA Amendment

Notice of Adjourment of Auction with Respect to Certain Parcels of Real Property (500 N. LaSalle/1400 Centre Circle/5200-5220 Thatcher/5300 Katrine/125, 200-220 Fencl)

February 20, 2013

1192

Notice of Adjournment

Notice of (A) Cancellation of Auction for Meadowbrook and (B) Designation of Stalking Horse Bidder as Successful Bidder for Meadowbrook

February 22, 2013

1207

Notice of Cancellation for Meadowbrook

Notice of Successful Bidder and Backup Bidder (North Park) [Docket no. 1224]

February 27, 2013

1224

North Park Notice

Notice of Successful Bidder and Backup Bidder (University Plaza) [Docket no. 1225]

February 27, 2013

1225

University Plaza Notice

Notice of Motion and Motion to Approve (A) Bid Protections in Connection with the Sale of All of the Debtor's Real Property and (B) Granting Related Relief (5300 Katrine)

March 1, 2013

1240

5300 Katrine Bid Procedures Motion

Notice of Filing of Transcript of Auction Proceedings with Respect to Certain Parcels of Real Property (University Plaza/North Park)

March 1, 2013

1244

Auction Transcript

Notice of Adjournment of Sale Hearing with Respect to a Certain Parcel of Real Property (Meadowbrook)

March 1, 2013

1245

Meadowbrook Adjournment

Notice of Filing of Proposed Form of Sale Order (University Plaza)March 4, 2013

1249

Proposed Order

Notice of Filinig Proposed Form of Sale Order (North Park)March 4, 2013

1251

Proposed Order

Notice of Adjournment of Auction with Respect to a Certain Parcel of Real Property (500 N. LaSalle)March 7, 2013

1286

Adjournment Notice

Notice of Motion and Motion to Approve Bid Protections in Connection with the Sale of a Certain Parcel of the Selling Debtor's Real Property, and Granting Related Relief (500 N. LaSalle)March 11, 2013

1300

500 N. LaSalle Bid Motion

Notice of Successful Bidder and Backup Bidder (1400 Centre Circle)March 12, 2013

1322

Successful Bidder

Notice of Successful Bidder and Backup Bidder (5200 Thatcher)March 12, 2013

1323

Successful Bidder

Notice of Successful Bidder and Backup Bidder (5300 Katrine)March 12, 2013

1324

Successful Bidder

Notice of Filing Proposed Form of Sale Order (1400 Centre Circle)March 12, 2013

1325

Proposed Order

Notice of Filing Proposed Form of Sale Order (5200 Thatcher)March 12, 2013

1326

Proposed Order

Notice of Filing Proposed Form of Sale Order (5300 Katrine)March 12, 2013

1327

Proposed Order

Notice of Adjounrment of Sale Hearing with Respect to a Certain Parcel of Real Propoerty to March 19, 2013 (Meadowbrook)March 12, 2013

1328

Adjournment Notice

Order Granting Motion to Approve (5200 Thatcher)March 13, 2013

1331

Sale Order

Order Granting Motion to Approve (1400 Centre Circle)March 13, 2013

1332

Sale Order

Order Granting Motion to Approve (5300 Katrine)March 13, 2013

1333

Sale Order

Notice of Assumption and Assignment of a Certain Unexpired Lease (1400 Centre Cirle)March 14, 2013

1336

Assumption/Assignment Notice

Notice of Assumption and Assignment of a Certain Unexpired Lease (5200 Thatcher)March 14, 2013

1337

Assumption/Assignment Notice

Notice of Assumption and Assignment of Certain Unexpired Leases (5300 Katrine)March 14, 2013

1338

Assumption/Assignment Notice

Notice of (I) Filing Amendment to Real Estate Purchase Agreement (Meadowbrook) and (II) Adjournment of Sale Hearing with Respect to Meadowbrook to March 20, 2013March 18, 2013

1370

Meadowbrook Purchase Agreement

Notice of Filing of Proposed Form of Sale Order (Meadowbrook)March 19, 2013

1379

Proposed Order

Notice of Auction with Respect to Certain Parcels of Real Property(125, 200–220 Fencl)May 30, 2013

1705

Notice of Auction