Name Vivian Industries - U.S. Bankruptcy Auction - 9/19 & 9/20/08
Auctioneer Lawler Auction Company
Date(s) 9/19/2008 - 9/20/2008
Location 680 South Pardue Street
Vivian, LA 71082
Buyer Premium 10% BUYER'S PREMIUM
Description
We have been commissioned by the United States Bankruptcy Court to sell the assets of Vivian Industries, Inc., the manufacturers of VIP & Baystealth Boats. The sale will be held Friday, September 19, 2008 and Saturday, September 20, 2008 beginning at 9:00 a.m. each day at Vivian Industries, Inc. in Vivian, Louisiana. The United States Bankruptcy Trustee has commissioned Lawler Auction Company to hold an auction at the two plant locations in Vivian, Louisiana to sell the assets of Vivian Industries, including all boat molds, boat manufacturing equipment, trailer manufacturing equipment, existing inventory, trailers, boats, parts, etc. It is the responsibility of the successful buyer to remove items from the sale site immediately after the auction, not to exceed 5 business days. All items are sold "as is" where is without warranties or guarantees of any kind whatsoever. Please refer to terms and conditions for additional terms and conditions. We will start the auction on Friday at the VIP Plant # 1, where we will auction off most of the boat manufacturing equipment, boat molds, and most of the raw material, etc. We will move to Plant # 2 on Saturday at 9am, where we will sell the equipment and inventory in the trailer manufacturing facility, the upholstery department, and the warehouse. There is a 10% Buyer's Premium on all items. Please come prepared to check out and pay EACH DAY of the auction with certified funds (Cash, or a check with a BANK LETTER OF GUARANTEE.) Please note that these descriptions are listed as accurately as possible based on the information available to the auctioneer. The auctioneer makes no guarantees of these descriptions, and buyers must rely on their professional expertise or seek professional guidance to examine and make sure that these descriptions are accurate. Accommodations: These hotels in Shreveport are our recommendations. Shreveport is located about 30 miles from Vivian. Sam’s Town Casino & Hotel (318) 227-3033, El Dorado Casino Hotel (318) 220-0711, and Best Western Chateau (318) 222-3977. Cheaper motels near the Airport are: Super 8 Motel (318) 635-8888, Days Inn (318) 636-0080. Vivian has a motel, but it’s sure not the Ritz. It’s the Country Inn Motel, (318) 375-4730. Airports: Commercial airlines arrive at Shreveport Regional Airport. Private aircraft may consider the Vivian Airport, which is small, but the closest, with a 3000’ landing strip. Another option would be the Shreveport Downtown Airport. Recommended Transportation: Tango Transport, Inc. offers both 53' vans as well as flat bed transportation services. They can arrange to have a box trailer at the auction on the day of the sale for you to load as you bid and buy. For more information, contact Sharmen Pennington, Business Development Coordinator at Tango Transport, Inc. at (318) 683-6846 or fax: (318) 683-6591. Note: Items will NOT be sold in Lot number order. Yes, the auction is still ON and will not be impacted by Hurricane Ike.
All items are sold "as is" without warranties or guarantees of any kind whatsoever. All vehicles, tractors, and equipment should be inspected carefully by a qualified professional before operating, and all vehicles must have insurance before they can be driven off the auction site. All items must be removed from the auction site within 5 business days however buyers are encouraged to come prepared to remove their items on the day of the auction, otherwise auctioneer shall have the authority to dispose of or sell any item left on auction site after 5 days (at auctioneer's sole discretion). However Lawler Auction Company, it's Consignors, agents, officers, owners, and employees are not to be held responsible or liable for any item left on the auction property regardless of when the items are picked up. Buyer is solely responsible for the security of the items purchased and therefore should remove items from the auction site immediately. For other auction terms and conditions, please visit www.lawlerauction.com and click on Buyer Terms & Conditions. There is a 10% Buyer's Premium added to the cost of all items (No cap). Louisiana Law requires us to collect state and local sales tax on the day of the auction. Buyers MUST pay for all items before the bidder leaves the auction site on both days. Please come prepared to settle up on all purchases on each day before you leave the auction site. We accept CASH or a check if it is accompanied with a BANK LETTER OF GUARANTEE only. Buyers must pay for all items purchased EACH day of the auction before the bidder leaves the auction site with cash or certified funds. A check will only be accepted if accompanied by a bank letter of guarantee from the bank. Auctioneer believes the information presented on brochures, advertisements, and on internet to be correct, however Buyers should seek professional assistance and examine each item carefully to make sure that each item is represented accurately. Auctioneer shall not be held liable for errors in advertising and Buyer agrees to accept all items “as is” regardless of how it was represented or advertised. All items must be removed from the auction site within 5 days. Although Buyer may not be able to fully remove his/her items purchased on the days of the auction, the Buyer is solely responsible for the security of the items once the Auctioneer has declared the Buyer as the winning bidder. Auctioneer will not be held responsible for theft, fire, vandalism, or acts of God, regardless of when items are removed from auction site. This auction is being conducted under a federal court order, and under federal jurisdiction. Any bid rigging or attempts to defraud creditors will be dealt with immediately by federal authorities, and those in violation will be prosecuted to the fullest extent of the law. This auction is being conducted by Danny Lawler, Auctioneer, La. Lic. # 1201 of Lawler Auction Company, 7781 Highway 1 North, Shreveport, Louisiana 71107, (318) 929-7003.
Currency USD
Buyer Premium 10% BUYER'S PREMIUM