1,200+ SCHOOL BUSES

Auction by: Maltz Auctions

Bankruptcy Auction

1,200+ School Buses & Vans

Online Pre-Bidding

Begins: Monday, August 24, 2020 at 10:00 AM EDT

Ends: Wednesday, August 26, 2020 at 9:59 AM EDT

Online Bidding Only

Begins: Wednesday, August 26, 2020 at 9:59 AM EDT

Ends: Wednesday, August 26, 2020 at 10:00 AM EDT

Details

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Bankruptcy Sale – United States Bankruptcy Court Eastern District of New York

In Re: BAUMANN & SONS BUSES, INC., et al. – Case No. 20-72121 (REG) (Jointly Administered)

1,200+ SCHOOL BUSES & VANS 

Details:

  • Located at 6 Yards throughout Long Island & Yorktown, NY
  • 1,200+ School Buses, Vans & Additional Vehicles
  • Three Online-Only Auctions
  •    Monday, August 24th – Wednesday, August 26th
  •    Wednesday, September 9th – Friday, September 11th
  •    Wednesday, September 23rd – Friday, September 25th
  • Formats Include:
  •     Full-Size School Buses
    • 43 Adult / 65 Child Capacity
    • 44 Adult / 66 Child Capacity
    • 48 Adult / 72 Child Capacity
  •     Wheelchair Vans
    • 16 Adult / 24 Child / 5 Wheelchair Capacity
    • 4-Wheelchair / 6 Ambulatory Vans
    • 10-Wheelchair Vans
    • 2-Wheelchair / 2 Ambulatory Vans
    • Convertible Capacity Wheelchair Vans
  •     Passenger Vans – Capacity from 12 to 30 Passengers
  • Manufacturers:
  •     Bluebird / CV3011
  •     Chevrolet / Thomas
  •     Chevrolet / StarCraft
  •     Ford / Collins
  •     Ford / Thomas
  •     Freightliner / Thomas
  •     GMC / Bluebird
  •     GMC / Corbeil
  •     GMC / Mid-Bus
  •     GMC / StarCraft
  •     International / BlueBird
  •     International / Ward
  •     International / Carp
  •     International / AMT
  •     And Others…
  • Additional Information:
  •     Detailed Asset Information & Maintenance Records Coming Soon

 

 

Viewings: TBA.

Pre-Registration Required to Bid:  You must send in signed Terms & Conditions of Sale, signed Online Bidding Form and a 25% deposit (you will be approved to bid up to 4x your deposit amount) to be approved for bidding.  Acceptable forms of deposit are cashier’s check, postal money order, and wire transfer (funds must be received at least 24 hours prior to the scheduled end time of the auction or you may not be approved to bid prior to the scheduled conclusion of the auction).

Auction Date: Online-Only Bidding will open Monday, August 24, 2020 at 10:00 am and is scheduled for the first lot to close on Wednesday, August 26, 2020 at 10:00 am.  Visit RemoteBidding.MaltzAuctions.com or download the Maltz Auctions App on the Apple Store or Google Play.

Bidding Process: If a bid is placed with less than one minute remaining, the bidding period will be extended so one minute remains for competing bids to be entered.  If any further bidding occurs, the extension timer will reset to one minute.  If/once no further bidding activity occurs, the sale closes when the time runs out.

Terms & Conditions of Sale: Property Asset sold “as-is” and “where-is”, and free and clear of all liens, claims or encumbrances.  In order to register to bid, all prospective bidders must present a cashier’s check in the amount of 25% of your maximum total bid amount made payable to “Maltz Auction”, signed Terms & Conditions of Sale and signed Online Bidding Form to Maltz Auctions at 39 Windsor Place, Central Islip, NY 11722 twenty-four hours prior to the scheduled close of bidding.  Please download the complete Terms and Conditions of Sale.

Buyer’s Premium: A nine (9%) percent Buyer’s Premium will be added to the Successful Purchaser’s high bid to determine the contract price to be paid by the Successful Bidder.


   
Klestadt Winters Jureller Southard & Stevens, LLP, Attorneys for the Chapter 11 Debtors and Debtors-in-Possession
Richard B. Maltz, Auctioneer DCA# 1240836

David A. Constantino, Auctioneer DCA# 1424944
Richard B. Maltz, Licensed Real Estate Broker
 Phone (516) 349-7022  Fax (516) 349-0105

The Assets are being sold “AS IS” “WHERE IS”, “WITH ALL FAULTS”, without any representations, covenants, guarantees or warranties of any kind or nature, and free and clear of any liens, claims, or encumbrances of whatever kind or nature, with such liens, if any, to attach to the proceeds of sale in such order and priority as they existed immediately prior to the entry of the Orders for relief against the Debtors. All Bidders acknowledge that they have had the opportunity to review and inspect the Assets, the state of title thereof and laws, rules and regulations applicable thereto, and will rely solely thereon and on their own independent investigations and inspections of the Assets in making their offers. Neither Maltz, the Chapter 11 Debtors and Debtors-in-Possession, the Attorney for the Chapter 11 Debtors and Debtors in Possession or any of their collective representatives makes any representations or warranties with respect to the permissible uses of the Assets.  All Bidders acknowledge that they have conducted their own due diligence in connection with the Assets and are not relying on any information provided by Maltz, the Chapter 11 Debtors and Debtors-in-Possession, the Attorney for the Chapter 11 Debtors and Debtors in Possession, or their professionals.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third-party sources and has not been independently verified.  It is the responsibility of the Buyer to determine the accuracy of all components of the sale and Assets.  Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the Assets.  All prospective bidders are urged to conduct their own due diligence prior to submitting an offer.  Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.  

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