21 days old
2018-04-302018-05-31

NOTICE OF DISPOSITION OF COLLATERAL

Buchalter
Florida
  • Job Code
    57944
  • Job Type
    Employee

NOTICE OF DISPOSITION OF COLLATERAL

TO:       

Modern Pharmacy

123 Alton Road

Miami Beach, FL 33139

Michael Rosenbaum

755 W. 41st Street

Miami Beach, FL 33140

Rosenbaum International Law Firm

755 W. 41st Street

Miami Beach, FL 33140

Smith Drug Company, a Division of JM Smith Corporation

P.O. Box 1779

Spartanburg, SC 29304

AmerisourceBergen Drug Corp.

1300 Morris Drive

Chesterbrook, PA 19087

Bellco Drug Corp.

1300 Morris Drive

Valley Forge, PA 19087

H.D. Smith, LLC

670 Belleville Turnpike

Kearny, NJ 07032              

FROM:

McKesson Corporation and its affiliated companies (collectively, “McKesson”)

DEBTOR:      Modern Pharmacy, LLC d/b/a Modern Pharmacy(“Debtor”)

                        123 Alton Road

                        Miami Beach, FL 33139

PLEASE TAKE NOTICE that McKesson (“Secured Party”) will sell the Collateral of the Debtor (the “Disposition”) to the highest qualified bidder(s) in public at the following date, time and place:

               Date:          Wednesday, June 13, 2018 

               Time:           10:00 a.m.

               Place:           Akerman, LLP

                                    Three Brickell City Centre

                                    98 Southeast Seventh Street

                                    Suite 1100

                                    Miami, FL 33131

The term “Collateral” means the Debtor’s personal property, whether now owned or hereafter acquired, including, without limitation: all Accounts, Cash, Chattel Paper, Deposit Accounts, Documents, Equipment, General Intangibles, Goods, Health Care Insurance Receivables, Instruments, Inventory, Investment Property, Letter-of-Credit Rights and promissory notes, together with all attachments, replacements, substitutions, additions and accessions, and all Proceeds and products thereof and all books and records relating to any of the foregoing (collectively, the “Collateral”).  Capitalized terms used herein that constitute Collateral shall have the meanings given to such terms under the California Union Commercial Code.    

The Disposition is pursuant to Section 9610, other applicable section of the Uniform Commercial Code, other applicable law, and the provisions of the operative documents.  The Secured Party reserves the right to sell the Collateral of the Debtor in separate transactions or, alternatively, in a single transaction.

The Debtor is entitled to an accounting of the unpaid indebtedness secured by the Collateral that the Secured Party intends to sell at the Disposition referred to above.  The Debtor may request an accounting by contacting Jeffrey K. Garfinkle at 949-760-1121.

Any interested bidder may contact Jeffrey K. Garfinkle at 949-760-1121, or via e-mail at jgarfinkle@buchalter.com to obtain more information regarding the Disposition and the Collateral.  Any interested bidder can obtain due diligence access upon documentary proof of financial ability to make a bid of at least $50,000 USD and execution of a non-disclosure agreement to be provided by Secured Party.

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NOTICE OF DISPOSITION OF COLLATERAL

Buchalter
Florida

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NOTICE OF DISPOSITION OF COLLATERAL

Buchalter
Florida

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