Listing is Active Effective 01/06/2017

Sale of Bankruptcy Estate’s Interest in West and East Coast Trading, Inc.

Sale of bankruptcy estate’s approximately 18.3% ownership interest in West and East Coast Trading, Inc., a California Corporation (“WECT”).
Entity owns 75% of a parcel of real property located in Sharjah, United
Arab Emirates.

Method of Sale

Offer Subject to Overbid


Sale Description

The Trustee proposes to sell the estate’s interest in the property to the
proposed Buyer free and clear of all liens, claims, interests and
encumbrances pursuant to sections 363(b), (f), and (m) of the United
States Bankruptcy Code for a purchase price of $9,275. Potential
purchasers seeking to submit an overbid must submit offers to counsel
to the Trustee no later than 5:00 p.m. (Pacific Time) on January 17,
2017 pursuant to the Sale procedures described in the Motion. Initial
overbid is $11,000, subsequent overbid increments $1,000. To be
qualified overbidders, potential overbidders must submit to the Trustee
a deposit amount of $9,275 by January 17, 2017.

Hearing Information

January 19, 2017 at 2:00 p.m. before the
Honorable Victoria S. Kaufman
Courtroom 301
21041 Burbank Blvd.
Woodland Hills, CA 91367

Contact Information

Nancy Zamora, Chapter 7 Trustee
Zamora & Hoffmeier
U.S. Bank Tower
633 West 5th Street, Suite 2600
Los Angeles, CA 90071
Telephone: 213-488-9411

David Seror and Jessica L. Bagdanov
Brutzkus Gubner
21650 Oxnard Street, Suite 500
Woodland Hills, CA 91367
Telephone: 818-827-9000; Fax: 818-827-9090

Case Details

Case Number: 1:11-bk-18591-VK