Our team is comprised of financial, legal and industry professionals who bring analysis and execution expertise to distressed asset transactions.
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Deconstruction of the Kensico Hydro-Electric Facility
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Kensico Hydro-Electric Facility Sale
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Harvey's Electronics
ClearBid with its partners successfully conducted a Going Out of Business sale of Harvey's inventory and fixtures from their locations. Harvey's Electronics was a home entertainment and electronics retailer that focused on high quality products and custom installation.
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Groveton Paper
ClearBid with its partners successfully conducted a sale of the cogeneration energy and industrial assets located at Groveton Paper Board on behalf of the secured creditor.
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Farmer Jack
ClearBid together with its partners acquired the rolling stock and assets of Farmer Jack Supermarkets. We then subsequently conducted a combination of negotiated presales and an auction to liquidate all assets.
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Agway Feed and Nutrition
Purchased a $25mm receivables portfolio from Agway Feed and Nutrition, a subsidiary of the agricultural cooperative Agway. This was part of a bankruptcy case filed in the Northern District of New York.
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Heavy Industry – Landfill Processing
Sold all of the assets and the on-going operations of a fully-licensed, non-hazardous industrial waste landfill site together with three onsite Resource Conservation Recovery Act ("RCRA") Hazardous Waste Incinerators and two RCRA treatment and stabilization and fuel blending facilities.
Purchased all the remaining assets of Hitachi Seiki, USA from a bankruptcy case in the Southern District of NY, including machinery and equipment as well as a large inventory of spare parts.
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Philipsburg Area Hospital
Located a buyer and facilitated the purchase of the Philipsburg Area Hospital, an acute care facility located in Philipsburg, Pennsylvania. Negotiated an offer with the buyer that provided the creditors with a significant recovery and also allowed the community to benefit from the continued operation of their hospital.
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Recycled Paper of Clifton
Purchased all the non-real estate assets of Recycled Paper of Clifton, a bankruptcy case located in the district of New Jersey. This purchase included a Solar Taurus Cogen facility.