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NEW YORK–(BUSINESS WIRE)–Organic Avenue LLC filed Chapter 7 defalcation on October 15, 2015. Until recently, Amoebic Avenue was the premiere grab-and-go destination for organic, bulb based foods and candy in New York City. Jil Mazer-Marino, Esq. has been appointed as the Chapter 7 trustee by the Office of the United States Trustee and (subject to Defalcation Court approval) she has retained Keen-Summit Basic Partners LLC to bazaar Amoebic Avenue’s assets for bargain on a turnkey or piecemeal basis. Amoebic Avenue operated ten retail locations throughout New York City as able-bodied as a Queens-based commissary. The aggregation shut its doors beforehand this month.

The Trustee, through Keen-Summit, is now affairs Amoebic Avenue’s retail, bartering and barn leases; its bookish property; and its furniture, fixtures, accouterment and equipment, if such FF&E and M&E is awash as allotment of a turnkey sale. If the FF&E and M&E are not awash on a turnkey basis, the Trustee is agreeable a apache to handle the piecemeal bargain of FF&E and M&E.

According to Harold Bordwin, Keen-Summit’s Principal and Managing Director, “This alms represents an amazing befalling for a cardinal client to bound actualize or aggrandize a bazaar attendance in prime Manhattan locations. Moreover, Amoebic Avenue’s I/P represents over 14 years of cast acceptance in an accretion market.”

The bid action (which is awaiting Defalcation Court approval) will accredit buyers to bid on all of the debtor’s assets alone or as a package. It is advancing that bids will be due on November 18, 2015, followed by an bargain on November 20, 2015. The Bidding Procedures and added advice apropos the alms are accessible by contacting Keen-Summit Basic Partners LLC at (646) 381-9222, by visiting www.keen-summit.com or by emailing hbordwin@keensummit.com, mbordwin@keen-summit.com, rtramantano@keen-summit.com or dgreenspan@keen-summit.com.

About Keen-Summit Basic Partners LLC

Since 1982 – for 33 years – Keen-Summit’s professionals accept been auspiciously active absolute acreage and M&A affairs for financially challenged businesses and their creditors. With added than 150 years of accumulated acquaintance (covering added than 3 billion aboveboard anxiety of absolute estate, basic over $3 billion in affairs and encompassing added than 27,000 properties), the professionals at Keen-Summit action their audience best-in-class charter restructuring services, absolute acreage disposition, M&A and basic markets solutions. For added advice about Keen-Summit Basic Partners LLC, alarm 646.381.9222 or appointment www.keen-summit.com.

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