On May 19, 2022, ThreeSixty Asset Advisors and John Moran Auctioneers (360Moran) conducted a sale of furniture, furnishings and art of Antiquarian Traders by order of the United States Bankruptcy Court. The sale featured approximately 500 lots from the insolvent company’s 20,000 square foot warehouse in South Gate, California.
Subsequent to that sale, 360Moran received an offer to purchase all inventory which was not included in the auction.
That offer has been submitted to the bankruptcy court for approval, and a hearing has been set for July 13, 2022.
Based on bankruptcy court procedures, the sale is subject to overbid by any qualified party wishing to match the sale terms and exceed the bid by the minimum allowable increment. Interested parties may download a copy of the bankruptcy sale motion detailing the terms of the transaction and overbid procedures here.
The inventory includes furniture, furnishings, rugs, art, stained glass, lighting fixtures and decorative items of a wide variety of styles and eras. For more information, please send inquiries to support@360moran.com.
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