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ASSIGNMENT. made this 29"' da
INTERNATIONAL CORPORATION, wits `a
Coral Gables, Floe'nt►fter "Assi
Michael Marcker Rr f
33332, hereinafter "Assignee "
y of April, 20O8, by and between 13.F.A.
place of`businc , at 411 1 Le .feline Road,
nor," and MICHAEL PHELAN, whose address is
196th Avenue, Suite 201-04, Fort Lauderdale;, Fl.
WHEREAS, the Assignor has be tr engage d in tltc bus rst:ss of .architect Itre/enginecrins;,
WHEREAS, the Assignor is indebted to creditors, as set forth in Schedule A annexed hereto,
is unable to pay its debts as they become due, and is desirous of providing for the payuncnty of its
debts. so far as it is` possible by an Assignment of all its assets for that purpose.
NOW, THEREFORE, the Assignor, in consideration (lithe Assignee's acceptJinx of ti�is
Aasigturtcrit, and for other gnrud and valuable consideration, hereby grants, assigns, conveys, transfers
and sets over, unto the Assignee, his successors and a`:sir n5, nll ads assets, except sut:lh assets as
are exempt by law from levy and stile under an execution, rnchiding, but not limited to, all real
property, fixtures, goods, stock, inventory, equipment, funuture, ftnttiahiatgs, aeeu limas receivable,
bank deposits, cash, prornlssory Motes, cash value and prtx Lt:sJ.� of insura ice policies. claims and
demands belvraginblu quc Assibtuur, mid all but+ks, records and electronic date pertaining to all such
assets, wherever such assets estate,' as which assets art., to the hest
knowledge and belief of the Assignor, set fi
'The Assignee shall take EX/SS
c lfl accords
sttmriister the c:u
Liquidate the rise
n Schedule 13 annexed lx r to.
of protect and preserve, all such asset
signs of Chapter 727, Florida Statutes, and shill
Ire t ~tare into money,
expt.nsand n with tlit•
Assil;t mcnt £ram the'prcticecds ofsuch liquidations nd f url
l he Asrtec . ha:JI darn payand discharge iti:full, to tl
ct+t ass rsric�• Payittt t
laatral tits nt w slue fro
share shall hest bc sutficicrit
funds if the cstatc Suctu debt
set forth ira Flontln St le
In the event that all
shall be rettariierl to the Ass'
lttrru cxpcnsv
or, inctuditig i
y such debts ant
s untl trrrtr1titie s, on tr l+rt> rat
727.114 (1).
debts and liltbil ties are pubs i
d
ebt
s
On such debts and i abil,t lLs tf iti,ruis t'
rhilities in full, that the Assigrtet: shall pay from
a basis and in proportion to their triunity as
y funds 01'the cshttt.tcrn:tn
•q 1 r-�e'�aeJ l �: t rrom:ruuLtK ►Jr11 I t ULIKNt ! 1 .. (t1.57CF7 L
1 0 : ,}0:J441.0JJ ! r . ti' 17,
'Co accomplish the purposes of'this Assignment, the Assignor hereby appoints die Axs%nee
its try and lawful attorney, irrevocable, with full power arid rulthority to do all acts and thins which
may bt. nee usst+ry to execute the Assignment hereby Created; to dtnnand and recover from all persons
all assets of the estate; to sue for the recovery of $uch assets; to execute, acknowledge, and deliver
all rtt ssary deeds, instruments, and convcyanc ;and to appoint one or more attorneys under flint
to aSsrst the Assignee in caliying out lnsc du
The Assignor heruby authorizes the Assignee ib sign the aiunc of the Assignor to any check,
draft, promissory note, or other instrument in writing which is payable to the order of the Assignor,
or to sign the name of the Assignor to any instrument itt writing, whenever it shall be necessary to
do so, to carry out the burrow of this Assignment.
The Assignee hereby as the trust created by the Assigluncnt, and a} `i:es with the
Assignor that the Assignee with faithhilly and without dcl•ry curry out his notice under the
Assignment,
Assignor:
B.E.A. INTERNATIONAL CORPORATION
AEL OE ER & ASSOCIA'I't S, INC.