A-List, Inc. and H-List, Inc. (collectively, the “Companies”) each executed a General Assignment for the benefit of their creditors in favor of Winter Harbor LLC, a Connecticut company (the “Assignee”). The General Assignments (the “Assignments”) were accepted by the Assignee on December 12, 2015. True and correct copies of the documents evidencing the Assignments can we found at http://www.omnimgt.com/kitsonabc. Pursuant to the Assignments, the Companies transferred ownership of all of their rights in tangible and intangible assets (collectively, the “Assets”) to the Assignee for liquidation. The Assignee shall liquidate the Assets and distribute the net liquidation proceeds to creditors of the Companies who timely submit claims as instructed below.
A General Assignment is a common law means of concluding the affairs of an insolvent company and is an alternative to the filing of a Chapter 7 bankruptcy case. General Assignments have been used extensively in California and have been recognized as part of the law of this state for over 75 years.
This website has been created by the Companies in providing access to information for creditors, as well as to solicit and receive information from such creditors.
03/23/2017 UPDATE: Winter Harbor LLC (the “Assignee”) has determined that the proceeds made available in the liquidation process are insufficient in order to administer a distribution to creditors. Therefore, all filed claims are deemed to be cancelled for no consideration and are no longer outstanding. Page Top