Interested Parties Can Appear@The Hearing To Overbid For A Min Bid Of $1,557,500 On 5/2/13 At 10:00Am in Bankruptcy Court At 255 E. Temple St, Rm 1345, Los Angeles.Overbidders Are Requested To Submit To The Tstee, Not Later Than 48 Hrs Before The Hearing Date, A Cashier's Check For The Req'd Deposit and Evidence Of The Ability To Close.The Tstee Will Promptly Advise Any Proposed Overbidder Of Any Disapproval Of Qualifications, Giving The Overbidder An Opportunity To Correct The Deficiency.The Tstee Holds Sole Discretion in Accepting and Rejecting All Overbids. in Any Event, The Proponent Of Each Overbid Must Submit, Not Later Than 1 Hr Prior To The Date and Time Of The Hearing On The Sale, A Cashier's Check For $52,500 and Evidence Of The Financial Ability To Close Escrow Within 14 Days Of Submission Of Overbid.This Evidence Must At A Minimum Include A Demonstration Of Firm Financing Commitment From A Recognized Lender and/Or Sufficient Liquid Funds On Deposit, All To The Satisfaction Of Tstee.
