NOTICE OF DISPOSITION OF COLLATERAL
(California Commercial Code Section 9613)
Notice is hereby given that on March 23, 2017, at 10:00 a.m., at the offices of the Screen Actors Guild-American Federation of Television and Radio Artists (“SAG-AFTRA”), located at 5757 Wilshire Boulevard, 1st Floor (Bella Bruck Boardroom), Los Angeles, California, Guild Intellectual Property Realization LLC (“Creditor”), as the successor-in-interest and secured party to various security documents (the “Security Documents”) entered into in favor of Screen Actors Guild, Inc. or SAG-AFTRA (as applicable) by certain debtors and/or obligors, including, without limitation, (i) One Nine, LLC; (ii) American Dresser Productions, LLC; (iii) American Dresser Productions NY, INC.; (iv) Sideshow Productions, Inc.; (v) Rounding 3rd Productions, LLC; (vi) Philip Craeger; (vii) Main Street Movie Group, LLC; (viii) Po’ Boy Productions; (ix) Rainbow Tribe, LLC; (x) Rock the Paint Productions, LLC; (xi) Donut Hole, LLC; (xii) Storybook Sequels, Inc. d/b/a DHG Productions; (xivii First Offense, LLC; (xiv) Shooting Livien, LLC; and (xv) Surviving Eden, LLC (collectively, “Debtors”), will sell, at public auction, to the highest qualified bidder for cash or otherwise acceptable terms, all right, title, and interest (if any) of the applicable Debtor(s) in and to the motion pictures formerly or presently entitled: (i) “Adrift in Manhattan”; (ii) “American Dresser”; (iii) “Blood Night: The Legend of Mary Hatchet”; (iv) “Death by Engagement” aka “The Groom’s Revenge”; (v) “Evil Angel”; (vi) “Night Vision”; (vii) “The Rainbow Tribe”; (viii) “Rock the Paint”; (ix) “Say Uncle” aka “Donut Hole” aka “Doughnut Hole”; (x) “The Scorned”; (xi) “Sex and Consequences” aka “First Offense” aka “Last Sunset”; (xii) “Shooting Livien”; and (xiii) “Surviving Eden” aka “Nothing Ever Happens to Me” (collectively, the “Collateral”).
Creditor reserves the right to withdraw any of the Collateral from the auction at any time and without notice, to postpone and re-notice the time and date of the auction by oral announcement, and/or to make credit bids at the sale or any continuance thereof. If competing offers with different terms and conditions are submitted, Creditor will determine which offers will be accepted, and its decision in this regard shall be final.
Creditor cannot warrant what (if any) rights the Debtors may have in the Collateral, nor the accuracy or completeness of its information regarding the Collateral and the Debtors’ rights therein, and prospective buyers are responsible to conduct their own investigation regarding the Collateral. The sales will be made as-is and where is, with all defects and faults, and without recourse, covenants, warranty, or representations, express or implied, to satisfy the current respective indebtedness and obligations of the Debtor(s) to Creditor under applicable Security Documents, an account of which is available to the Debtor(s).
Information now available in Creditor’s possession pertaining to the motion pictures has been assembled and will be available for inspection at the SAG-AFTRA offices during the hours of 1:00 p.m.– 4:00 p.m. on March 17, 2017 or by appointment. Each interested party must sign a confidentiality agreement as a precondition to reviewing these materials. To schedule an appointment to review these materials, interested parties should contact Creditor, c/o Susan Lowry, 5757 Wilshire Blvd, 7th Floor, Los Angeles, California 90036, phone number (323) 549-6581.
The sale will be conducted pursuant to the California Commercial Code-Secured Transactions, Section 9610, and all other applicable laws of the State of California.
Dated February 15, 2017, by Guild Intellectual Property Realization LLC, the successor to Screen Actors Guild, Inc. or SAG-AFTRA as Creditor under the Security Documents
Well I’m glad they cleared that up! Ahhh…bottom line, if you worked one of the films listed above I wouldn’t be checking the old mailbox any time soon for any residual checks from them.
The Ol’ SAG Watchdog
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