GemCap Solutions Prepares for Auction of Candy Club's Assets on February 28, 2025
GemCap Solutions Announces Auction for Candy Club Assets
GemCap Solutions, LLC is organizing a public auction to sell the personal property of Candy Club, LLC and its related entities. This auction follows the guidelines of Section 9-610 of the Uniform Commercial Code and will take place on February 28, 2025, at 11:00 a.m. Central Standard Time. The auction will be conducted by phone to ensure participation from various qualified bidders.
The move to sell these assets comes as a measure to enforce the secured party's interest in the personal property of the involved parties, which include Candy Club, LLC, Candy Club Holdings, Inc., Candy Club Investment, LLC, and Candy Club Acquisition, LLC. These companies, operating under a plan of reorganization, are collectively referred to as