MALTZ AUCTIONS TO AUCTION COMPLETE INVENTORY OF
MULTI-STATE MEDICAL TRANSPORTATION/EMS BUSINESS
By order of the U.S. Bankruptcy Court Southern District of New York,
re: TRANSCARE CORPORATION, et al., – Case # 16-10407 (SMB) Jointly Administered
Brooklyn, NY – April 20th
Mount Vernon, NY – May 4th
Poughkeepsie, NY – May 6th
Monroeville, PA May 11th
Baltimore, MD – May 12th
Central Islip, NY- TBD
(Central Islip, NY – April 6, 2016) – Maltz Auctions, an award-winning full-service auction company serving the New York metropolitan region, announced it will auction the complete inventory of TransCare Corporation and its affiliates. This auction is by order of the U.S. Bankruptcy Court Southern District of New York, re: TRANSCARE CORPORATION, et al., – Case # 16-10407 (SMB) Jointly Administered. Maltz Auctions has been retained by Salvatore LaMonica as chapter 7 trustee, represented by LaMonica Herbst & Mansicalco, LLP.
“This is a terrific opportunity for volunteer, non-profit, and for-profit organizations to purchase additional ambulances and support devices that they may need,” said Richard Maltz, president of Maltz Auctions. He added, “This is an extremely rare incidence where in excess of 275 ambulances, vans, buses and 1,500 EMS support devices are available- and being sold individually or in small groupings.”
- Assets Sold Individually or in Small Groupings
- 230+ Type I, Type II & Type III Ambulances
- 45+ Invalid Coaches, Passenger Buses, Wheelchair Accessible Vans & Full Size Vans
- 25+ SUVs
- 28 MDT’s
- Radios and Communication Equipment
- 1,500+ Pieces of Ancillary Ambulance/EMS Support Equipment:
- IV Pumps
- Stair Chairs
- ALS/BLS Kits (Life Support Kits)
- Medical Supplies
- Communication Devices:
- Mobile Data Terminals with Voice Radios
- XT 5000 Motorola Portable Radios
- Sonim Phones
- iPad Minis
- List Coming Soon
- Office Equipment:
- Office Furniture
- EMT Training Equipment
- Mechanical Maintenance Equipment, Tools & Parts
- Telecom Equipment
On-Site Auctions will Take Place at 11am:
- Wednesday, April 20th at 25 14th Street, Brooklyn, NY
- Wednesday, May 4th at 718 S. Fulton Ave., Mount Vernon, NY
- Friday, May 6th at 10 S. White Street, Poughkeepsie, NY
- Wednesday, May 11th at 400 Seco Rd., Monroeville, PA
- Thursday, May 12th at 1125 Desoto Rd., Baltimore, MD
- TBD at 39 Windsor Place, Central Islip, NY
Viewings: 9am morning of the auction
Terms & Conditions of Sale: Assets sold in “as-is” condition & free and clear of all liens. A 25% deposit in cash or certified funds is required from all bidders upon knockdown of bid. Any absentee or online bidders must post a deposit equal to 25% of maximum bid amounts at least 4 business days prior to auction. The assets will be sold subject to the complete Terms & Conditions of Sale that are subject to court approval.
Buyer’s Premium: A 12.5% Buyer’s Premium will be added to the Successful Bidder’s high bid to determine the contract price to be paid by the Successful Bidder.
Maltz Auctions specializes in personal and intellectual property auctions and offers expertise in liquidations, appraisals, brokered sales and real estate brokerage.
For details about additional upcoming auctions visit MaltzAuctions.com.
About Maltz Auctions:
Maltz Auctions is a premier, full-service auction company specializing in creating liquidity through the auction method of marketing. Now a $100+ million company with an impeccable reputation for professionalism, integrity and success, Maltz Auctions has conducted thousands of auctions and generated over $2 billion in sales on behalf of such clients as the U.S. Bankruptcy Courts and financial institutions throughout the country, the U.S. Department of Justice, the Securities and Exchange Commission, the Internal Revenue Service, N.Y. State Department of Taxation & Finance, Court Appointed Receivers, Estate Executors and Public Administrators, as well as law firms, private individuals and corporations, nationwide. The principals are court approved auctioneers, real estate brokers and receivers. The 35-year-old firm is nationally recognized as a trusted name in excellence and achievement.