Nyenta.com

Menu
  • Home
  • Business
  • Entertainment
  • Music
  • Books
  • Event
  • Education
  • Health
  • Technology
Menu

Keen-Summit Capital Partners Wins ABI Asset Sales Committee's Fourth Annual "Asset Sale of the Year"
Nyenta.com/10191319

Trending...
  • Annual and Extraordinary Shareholders' Meeting of Atento, S.A. held in Luxembourg in June 29th 2022 with 80.89% participation - Akshay Shah is elected as member to the board
  • New Rochelle: City takes Green Step Forward with New Sustainable Landscaping Program
  • *** NEWS RELEASE *** Yonkers Police Department Arrests Bronx Man in Homicide Investigation
Lighthouse Resources selected as the top asset sale in fierce competition

MELVILLE, N.Y. - Nyenta -- The American Bankruptcy Institute's (ABI's) Asset Sales Committee announced that Keen-Summit has won the "Asset Sale of the Year" award for its sale of the 6,400-acre Big Horn ranch in the Chapter 11 proceeding of Lighthouse Resources Inc. et. al. U.S.B.C. D.DE Case #20-13056 JTD. The ABI committee selected Lighthouse Resources as the top asset sale out of a deep pool of nominees because it was, according to the ABI, integral to the innovative and successful use of a cost-effective bankruptcy process to obtain confirmation of a chapter 11 plan. "Not only was the sale itself integral to the process, it was also complicated by an expedited timeline, a need for creative marketing, and the disparate nature of the real property itself," said the ABI.

"This was an unusually complex and time pressured project and we're thrilled to receive the ABI's recognition," says Harold Bordwin, Principal and Co-President at Keen-Summit Capital Partners. "When we were engaged, we had six weeks to get to a sale.  In the midst of that process, this turned out to be a much more complex project than anyone anticipated.  We ended up dealing with issues related to water rights, reclamation bonds, separation of surface estate from mineral estate, ROFRs, an active third-party mining permit, subsidence issues, public rights of way, and an underground coal seam fire.

More on Nyenta.com
  • New Rochelle: July is Parks and Recreation Month
  • Global X ETFs Expands its Lineup of Options-Based Strategies with Two Innovative Actively Managed Funds
  • The LankyBox Toy Line By Bonkers Toys Will Have Fans Unboxing The Fun For The Very First Time
  • RFP Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of Resolute Forest Products Inc. Is Fair to Shareholders
  • Evolve IP & Anywhere365 Group Create an Enterprise-Grade Receptionist Solution

"Our marketing generated more than 100 signed NDAs and 18 qualified bidders. We are very honored to win this award from the American Bankruptcy Institute, and proud of the teamwork that went into this venture," added Matthew Bordwin, Principal and Co-President at Keen-Summit Capital Partners.

The project involved the sale of 6,400+/- acres, 6 miles north of Sheridan, Wyoming; an additional city lots in Sheridan and Hanna, Wyoming; and an additional 219+/- acres in Hanna.

Additional highlights of these properties included:
  • Excellent hunting & fishing opportunities
  • Agricultural land, with industrial and residential acreage
  • Frontage on Goose Creek & Tongue River
  • Premium water rights for 326 acres of irrigated lands
  • Agricultural fields currently used for irrigation and crop production
  • 28,000+ s.f. industrial shop with access to the BNSF railroad mainline via private rail spur
  • Property includes post-mine reclamation reservoir
  • Property holds 2 state coal leases

Big Horn Coal Company, Rosebud Coal Sales Company, and KCP Properties, Inc. Debtors-in-possession retained Keen-Summit Capital Partners LLC and Century 21 BHJ Realty, Inc. to act as the debtors' real estate advisor.

More on Nyenta.com
  • Arsenal Capital Partners Adds Marc Tremblay as an Operating Partner Focused on Industrial Technologies
  • Riskified and Axerve Help KIKO Milano Boost Cart Conversions Under PSD2 by Maximizing TRA (Transaction Risk Analysis)
  • ING Ventures Invests in OpenFin
  • A New York Dental Anesthesiologist launches top care that travels to you
  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Target Corporation - TGT

For more information about Keen-Summit Capital Partners, call 646.381.9222 or visit www.keen-summit.com.

Contact
Jen Galluzzo
***@harrison-edwardspr.com


Source: Keen-Summit Capital Partners

Show All News | Report Violation

0 Comments
1000 characters max.

Latest on Nyenta.com
  • Fairfax County Pension Plan Invests in VanEck New Finance Income Fund, LP
  • Morgan Seamark Joins Triggers® Brand Consulting As Managing Director
  • DirectShifts' On-demand Staffing Model helps Healthcare Facilities cut their labor costs up to 35%
  • COSLR Lowers Monthly Cost On Leading B2B Sales Automation & Marketing Platform
  • H.E. Justin Sun Attends MC12 and Furthers TRON Ecosystem Growth
  • Explainable AI: Deploy AI with Trust and Confidence | Webinar by Quantzig
  • Misspep NMN assists in the fight against aging and glaucoma
  • MULLEN DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Mullen Automotive, Inc. and Encourages Investors to Contact the Firm
  • SV Group - The Home of Seasonal Items on Sale
  • ProScreenCast Launches 4K 60Hz HDR Screen Casting Adaptor
  • Yonkers: *** TRAFFIC ALERT*** 4th of July Fireworks at the Waterfront
  • 17 E&T ALERT: Bragar Eagel & Squire, P.C. is Investigating 17 Education & Technology Group, Inc. on Behalf of 17 E&T Stockholders and Encourages Investors to Contact the Firm
  • Milloret LTD To Offer Premium International SEO Services
  • Summit County Pest Control Is Going After The American Cockroach
  • SCHWAB ALERT: Bragar Eagel & Squire, P.C. is Investigating The Charles Schwab Corporation on Behalf of Schwab Stockholders and Encourages Investors to Contact the Firm
  • FoodNiche Summit Gathers Leading Experts To Discuss Strategies To Innovate A Healthier And Sustainable Food
  • Annual and Extraordinary Shareholders' Meeting of Atento, S.A. held in Luxembourg in June 29th 2022 with 80.89% participation - Akshay Shah is elected as member to the board
  • *** NEWS RELEASE *** Yonkers Police Department Arrests Bronx Man in Homicide Investigation
  • New Rochelle: City takes Green Step Forward with New Sustainable Landscaping Program
  • New Rochelle: City takes Green Step Forward with New Sustainable Landscaping Program

Popular on Nyenta

  • Moore Kuehn Encourages Investors of TELADOC HEALTH, INC. (NYSE: TDOC) to Contact Law Firm - 199
  • Moore Kuehn, PLLC Encourages Investors of TWOU and SAM to Contact Law Firm - 189
  • STRONGHOLD DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Stronghold Digital Mining, Inc. and Encourages Investors to Contact the Firm - 182
  • TARGET ALERT: Bragar Eagel & Squire, P.C. is Investigating Target Corporation on Behalf of Target Stockholders and Encourages Investors to Contact the Firm - 180
  • OUTSET ALERT: Bragar Eagel & Squire, P.C. is Investigating Outset Medical, Inc. on Behalf of Outset Stockholders and Encourages Investors to Contact the Firm - 173
  • WASTE MANAGEMENT ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Waste Management, Inc. and Encourages Investors to Contact the Firm - 117
  • TRUEBLUE ALERT: Bragar Eagel & Squire, P.C. is Investigating TrueBlue, Inc. on Behalf of TrueBlue Stockholders and Encourages Investors to Contact the Firm
  • YEXT ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Yext, Inc. and Encourages Investors to Contact the Firm
  • IIPR DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Innovative Industrial Properties, Inc. and Encourages Investors to Contact the Firm
  • New Rochelle: No Gas Powered Leaf Blower

Similar on Nyenta

  • Atrium Management Company Merges with Richmond-based Dodson Multi-Family
  • 360 Protective Solutions Partners with Actuate
  • Craig W Brearley Architecture Transitions to New Ownership While Maintaining a Tradition of Architec
  • Beck Properties Group Hires Professional Marketing Team
  • On Anniversary of Surfside Tragedy, New Book Coaches Residents to Identify Warning Signs
  • New development in Ramsey called Williams Woods!
  • Oakwood Capital Completes $8.5 Million Acquisition of Apartment Complex in Valdosta, Georgia
  • Anthony Rivas joins The NYBB Group
  • This new venture helps Ghana homebuyers achieve their dreams
  • Gov. Murphy, Mayor Fulop & Regional Leaders In-Person June 23rd at The Jersey City Summit for Real Estate Investment
Copyright © 2022 nyenta.com | Terms of Service | Privacy Policy | Contribute | Contact Us