Bankruptcy Auction – United States Bankruptcy Court EDNY
In Re: Petland Discounts, Inc. – Case No. 19-72292-REG
Tremendous Quantity – Pet Supplies, Warehouse Equipment & More…
Inventory & Contents of 100,000+ Sq Ft Petland Discounts Central Distribution Center
Auction Date & Time: Thursday, May 16, 2019 at 11:00 am. Viewing commences at 8:00 am.
Auction Location: 355 Crooked Hill Road, Brentwood, NY 11717.
Terms & Conditions of Sale: 25% Minimum Deposit in Cash or Certified Funds Required on Knockdown of Bid. Please download the complete Terms & Conditions of Sale (available shortly).
Allan B. Mendelsohn, Esq, Chapter 7 Trustee
Rosen, Kantrow & Dillon PLLC, Attorneys for the Chapter 7 Trustee
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 Closing. By delivering their respective Deposits, 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 nor any of their collective representatives makes any representations or warrantees with respect to the permissible uses of the asssets. 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.