Intellectual Property, Copyrights and Payment Stream Royalties from Various Medical Publications! (Copy)

Description

Item Id: Medicom01
Case Name: Medicom International, Inc
Case Number: 08 22847
Trustee:
Starting Minimum Bid: $25,000

Description: Estate’s interest in the intellectual property, copyrights, and rights to receive royalties for use of materials in the debtor’s medical publications, including any future payments that might be payable by the Copyright Clearance Center. There are a total of eight (8) publications. Those publications are (Titles and ID numbers):

Executive Managed Care Directory, 1068-4557

Product Management Today, 1078-6937

Medical Interface, 0896-4831

Managed Care, 1052-312X

Managed Care Interface, 1096-5645

Managed Care Update, 4107853

Long-Term Care Interface: 1535-203X

Managed Care, 4719861

Royalties have been paid to the Trustee by Copyright Clearance Center from 1/1/09 through to 3/16/16 to date totaling $125,274.89. On an annual basis those payments have been, approximately:

2009 – $16,000
2010 – $19,000
2011 – $10,000
2012 – $2,700
2013 – $20,000
2014 – $31,000
$2015 -$25,000
2016 – $11,750 (1st six months of this year only)

Location Info The bankruptcy case is handled by the Bankruptcy Court – Southern District New York. The royalty payments are handled by the Copyright Clearance Center of Danvers, Massachusetts. Links to related documents will be attached prior to the commencement of the auction including Fee Structure and Account Structure.

Payout History: See Link below
Updated Payment Stream 2009 to 3 2016

Notes: A closing cost fee of $225 will apply. This is all we know about this item. Any fees/liens owing on this item are not part of the final bid price. A bid submitted by a buyer is an agreement to our Terms. Buyers should not bid unless they fully intend to complete the sale in accordance with our Terms (to view terms, click “Terms” tab in Seller Store header at top of ad).

Legal Info: By Order of the United States Bankruptcy Court, Bkassets.com sells this and any other property “AS IS, WHERE IS”, with no warranties implied or stated. This means that the Seller and the trustee are not responsible for problems (if any) with the title, the condition of the property, or any liens or encumbrances against the unit. The buyer will be entirely responsible for this property after the sale including but not limited to: paying any fees/costs associated with this property, paying all fees/liens (if any), recording/transferring the title and gathering any paperwork/documentation necessary for that process. Seller and trustee are NOT publishers or Copyright dealers. BKAssets and the trustee shall be under no obligation to buyer except to provide buyer with an Assignment of the copyrights to the new owner. All the information as to the item description has been provided by the Trustee and/or the C C C. BKAssets cannot guarantee that all the information is accurate. BKAssets recommends all bidders perform their own due diligence prior to bidding. As with any bankruptcy sale, this sale may be subject to court approval.

Payment Info: $U.S. Money order, certified check, cashier’s check. BKAssets may also accept “Bill Pay” from Wells Fargo, Bank of America, Chase, Citibank, a local regional bank or Credit Union. If you would like to use “Bill Pay,” but do not bank at one of these establishments, please call BKAssets prior to sending payment.

A closing cost fee of $225 (payable to seller) will apply. Full payment must be received within (7) days of winning bid. Any bidder who does not complete the sale within 7 days from the close of auction will be considered in default. Seller has the right to proceed with the next highest bidder.

Shipping Info: Shipping is free to all buyers in the United States. International bidders are welcome, please contact Bkassets for shipping costs to countries other than the United States prior to bidding. Shipping costs to locations outside of the US will be calculated at the close of auction. Please be advised that because this is a US Bankruptcy Court Ordered sale, and subject to approval, shipping can take an average of 3-6 weeks.

Liens: We are not aware of any liens

Bidding Guide: Please review the bkassets.com bidding guide for terms of auction prior to placing a bid or making an offer..