Name Crown Drilling, LLC Bankruptcy Auction 5-19-2017
Auctioneer Lawler Auction Company
Type Live Webcast Auction
Date(s) 5/19/2017
Friday, May 19, 2017 at 10AM CST.
Preview Date/Time Thursday, May 18, 2017 from 9am to 4pm.
Checkout Date/Time Payment due the day of the auction. Items may be picked up on auction day or on Monday, Tuesday, or Wednesday, May 22, May 23, or May 24 only.
Location 1026 O'Neal Drive
Breaux Bridge, LA 70517
Buyer Premium 10% ONSITE, 15% ONLINE
Description
We have been commissioned by the United States Bankruptcy Court to conduct a live onsite auction at the operating offices of Crown Drilling, LLC in Breaux Bridge, Louisiana. This auction will be conducted onsite at 10AM at 1026 O'Neal Drive in Breaux Bridge, Louisiana 70517.
Absentee bids will be accepted up until 9am the day of the auction. Those bids will be competed against the live bidders at the actual auction. Tie bids go to the onsite bidder who is present at the auction. Internet bidders will be required to place a $10,000 deposit in order to participate in the online bidding. This may be done by bank wire. Contact our office at (318) 929-7003, ext. 222 to set this up. There is a 10% Buyer's Premium for onsite buyers at this auction, and a 10% Buyer's Premium plus a 5% convenience fee for those bidding online. For those paying with a credit card or debit card, there is an additional 3% surcharge. We will assume that you are paying with the credit or debit card on file unless you notify us in the Auctioneer's Notes section of your account before the auction begins, and our system will automatically charge the card. In the evenr that you wish to pay cash, you must state that you will appear at the auction site in Breaux Bridge, Louisiana no later than 4pm on the day of the auction (May 19, 2017). All items are sold "as is" without warranty or guarantee of any kind, with all of their faults. Bidders are strongly encouraged to carefully examine all items before placing a bid. There will be a preview and inspection time on Thursday, (the day before the auction) from 9am to 4pm. All items must be removed from the auction site no later than Wednesday after the auction by 5pm. No load-out will be done over the weekend, however pickup may be conducted on Monday, Tuesday, or Wednesday (May 22-24) only. We are not responsible for items not promptly picked up by the buyer. If you leave the items on our property, you do so at your own risk.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 20.00 1.00 USD
20.01 - 50.00 2.50 USD
50.01 - 200.00 5.00 USD
200.01 - 300.00 10.00 USD
300.01 - 500.00 25.00 USD
500.01 - 1,000.00 50.00 USD
1,000.01 - 2,500.00 100.00 USD
2,500.01 - 5,000.00 250.00 USD
5,000.01 - 10,000.00 250.00 USD
10,000.01 - 20,000.00 500.00 USD
20,000.01 - 100,000.00 1,000.00 USD
100,000.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 10% ONSITE, 15% ONLINE
Payment Terms
The credit card will be charged immediately following the auction and a 3% surcharge will apply unless the customer has notified us in the "Auctioneer's Notes" section of the bidder account that payment will be made with cash at the auction site no later than 4pm on auction day.
Shipping and pick up is the responsibility of the buyer. All items must be picked up by Wednesday, May 24, 2017 at 5pm. No load-out will be done over the weekend, however pickup may be conducted on Monday, Tuesday, or Wednesday (May 22-24) only.